Download: | |
Mirror Download [FCC.gov] | |
Document ID | 2016545 |
Application ID | z5GrZc/IKLDBkbeV74q3FQ== |
Document Description | User Manual |
Short Term Confidential | No |
Permanent Confidential | No |
Supercede | No |
Document Type | User Manual |
Display Format | Adobe Acrobat PDF - pdf |
Filesize | 411.35kB (5141874 bits) |
Date Submitted | 2013-07-15 00:00:00 |
Date Available | 2014-01-11 00:00:00 |
Creation Date | 2013-07-10 21:04:29 |
Producing Software | Acrobat Distiller 11.0 (Windows) |
Document Lastmod | 2013-07-10 21:08:18 |
Document Title | SL 14MY |
Document Creator | PDFCreator Version 1.2.0 |
&$508/7,0(',$6<67(0
86(5 60$18$/
6JCPM [QW HQT RWTEJCUKPI VJKU #WFKQ
0CXKICVKQP5[UVGO
2TGECWVKQPHQTUCHGWUCIG
Ĺ &TKXKPI YJKNG FKUVTCEVGF ECP TGUWNV KP C
6JKUWUGT UOCPWCNGZRNCKPUJQYVQWUG
VJG-+#/QVQT#WFKQ0CXKICVKQP5[UVGO
$GHQTGWUKPIVJGRTQFWEVTGCFVJGEQP
VGPVUQHVJKUWUGT UOCPWCNECTGHWNN[CPF
WUGVJKURTQFWEVUCHGN[
Ĺ 6JGUETGGPUUJQYPKPVJKUOCPWCNOC[
FKHHGT YKVJ VJG CEVWCN UETGGPU QH VJG
RTQFWEV
Ĺ 6JG FGUKIP CPF URGEKHKECVKQP QH VJKU
RTQFWEVOC[EJCPIGYKVJQWVRTKQTPQVK
HKECVKQPHQTRTQFWEVKORTQXGOGPV
Ĺ 9JGP VTCPUHGTTKPI VJG XGJKENG VQ
CPQVJGTKPFKXKFWCNKPENWFGVJKUWUGT U
OCPWCNUQVJCVVJGPGZVFTKXGTECPEQP
VKPWGKVUWUG
NQUUQHXGJKENGEQPVTQNVJCVOC[NGCFVQ
CPCEEKFGPVUGXGTGRGTUQPCNKPLWT[CPF
FGCVJ6JGFTKXGTĹURTKOCT[TGURQPUKDKN
KV[KUKPVJGUCHGCPFNGICNQRGTCVKQPQHC
XGJKENGCPFWUGQHCP[JCPFJGNFFGXKEGU
QVJGTGSWKROGPVQTXGJKENGU[UVGOUYJKEJ
VCMGVJGFTKXGTĹUG[GUCVVGPVKQPCPFHQEWU
CYC[HTQOVJGUCHGQRGTCVKQPQHCXGJKENG
QTYJKEJCTGPQVRGTOKUUKDNGD[NCYUJQWNF
PGXGT DG WUGF FWTKPI QRGTCVKQP QH VJG
XGJKENG
Ĺ &QPQVQRGTCVGVJG#WFKQ0CXKICVKQPU[U
VGOYJKNGFTKXKPI
Ĺ &QPQVFKUCUUGODNGCUUGODNGQTOQFKH[
VJG#WFKQ0CXKICVKQPU[UVGO
Ĺ &QPQVYCVEJVJGUETGGPHQTRTQNQPIGF
RGTKQFUQHVKOGYJKNGFTKXKPI
Ĺ 5GVVJGXQNWOGVQCNGXGNYJKEJCNNQYUVJG
FTKXGTVQDGCYCTGQHGZVGTPCNEQPFKVKQPU
Ĺ &QPQVQRGTCVGVJG#WFKQ0CXKICVKQPU[U
VGOHQTRTQNQPIGFRGTKQFUQHVKOGYKVJVJG
XGJKENGKIPKVKQPKP#%%5WEJQRGTCVKQPU
OC[NGCFVQDCVVGT[FKUEJCTIG
Ĺ $GECWVKQWUPQVVQURKNNYCVGTQTKPVTQFWEG
HQTGKIPQDLGEVUKPVQVJGFGXKEG
Ĺ &QPQVECWUGUGXGTGUJQEMVQVJGFGXKEG
&KTGEVRTGUUWTGQPVQVJGHTQPVUKFGQHVJG
OQPKVQTOC[ECWUGFCOCIGVQVJG.%&QT
VQWEJRCPGN
Ĺ +P ECUG QH RTQFWEV OCNHWPEVKQP RNGCUG
EQPVCEV[QWTRNCEGQHRWTEJCUGQTUGTXKEG
EGPVGT
Ĺ 9JGPENGCPKPIVJGVQWEJUETGGPOCMG
UWTGVQVWTPQHHVJGFGXKEGCPFWUGCFT[
CPFUOQQVJENQVJ0GXGTWUGVQWIJOCVG
TKCNUEJGOKECNENQVJUQTUQNXGPVU CNEQJQN
COOQPKCDGP\GPGVJKPPGTUGVE CUUWEJ
OCVGTKCNUOC[FCOCIGVJGFGXKEGRCPGN
QTECWUGEQNQTCPFSWCNKV[FGVGTKQTCVKQP
#NN/CR&CVCDCUGECPPQVDGEQRKGFYKVJQWVRGTOKUUKQP
6JKUKURTQVGEVGFD[75EQR[TKIJVNCYU#NNTKIJVUPQVGZRTGUUN[ITCPVGFCTGTGUGTXGF
;QWOC[PQVQVJGTYKUGTGRTQFWEGOQFKH[CPFFKUVTKDWVGVJGEQPVGPVYKVJQWV/5QHV+PE URTKQTYTKVVGPEQPUGPV
K2QFs
*&4CFKQĹ 6GEJPQNQI[
K2QFsKUCTGIKUVGTGFVTCFGOCTMQH#RRNG+PE
*&4CFKQ6GEJPQNQI[OCPWHCEVWTGFWPFGTNKEGPUGHTQOK$KSWKV[
&KIKVCN%QTRQTCVKQP75CPF(QTGKIP2CVGPVU
$NWGVQQVJ 9KTGNGUU6GEJPQNQI[
6JG$NWGVQQVJ 9KTGNGUU6GEJPQNQI[YQTFOCTMCPFNQIQUCTGTGIKUVGTGF
VTCFGOCTMUQYPGFD[$NWGVQQVJ 9KTGNGUU6GEJPQNQI[5+)+PECPFCP[
WUGQHUWEJOCTMUD[-KCKUWPFGTNKEGPUG
#$NWGVQQVJs 9KTGNGUU6GEJPQNQI[GPCDNGFEGNNRJQPGKUTGSWKTGFVQWUG
$NWGVQQVJs 9KTGNGUU6GEJPQNQI[$NWGVQQVJs 9KTGNGUU6GEJPQNQI[RJQPG
EQORCVKDKNKV[ECPDGEJGEMGFD[XKUKVKPIYYYMKCEQODNWGVQQVJ
*&4CFKQĹ CPFVJG*&*&4CFKQCPF#TENQIQUCTGRTQRTKGVCT[
VTCFGOCTMUQHK$KSWKV[&KIKVCN%QTR
:DUQLQJVDQG&DXWLRQV
6DIHW\:DUQLQJV
'XGPYJGPTGEGKXKPITQWVGIWKFCPEGHTQOVJG0CXKICVKQPU[UVGO
RNGCUGCDKFGD[CEVWCNVTCHHKECPFTQCFTGIWNCVKQPU(QNNQYKPIQPN[
VJG0CXKICVKQPTQWVGIWKFCPEGOC[NGCFVQXKQNCVKQPUQHCEVWCNVTCHHKE
CPFTQCFTGIWNCVKQPUCPFNGCFVQVTCHHKECEEKFGPVU
2NGCUGTGHTCKPHTQOWUGKHVJGUETGGPKUDNCPMQTPQUQWPFECPDG
JGCTFCUVJGUGUKIPUOC[KPFKECVGRTQFWEVOCNHWPEVKQP%QPVKPWGF
WUG KP UWEJ EQPFKVKQPU EQWNF NGCF VQ CEEKFGPVU HKTGU GNGEVTKE
UJQEM QTRTQFWEVOCNHWPEVKQPU
&QPQVUVCTGCVVJGUETGGPYJKNGFTKXKPI5VCTKPICVVJGUETGGPHQT
RTQNQPIGFRGTKQFUQHVKOGEQWNFNGCFVQVTCHHKECEEKFGPVU
&QPQVVQWEJVJGCPVGPPCFWTKPIVJWPFGTQTNKIJVGPKPICUUWEJ
CEVUOC[NGCFVQNKIJVPKPIKPFWEGFGNGEVTKEUJQEM
&QPQVQRGTCVGVJG0CXKICVKQPU[UVGOYJKNGFTKXKPIUWEJCUGPVGTKPI
21+UQTEQPFWEVKPITQWVGUGCTEJGU5WEJCEVUEQWNFNGCFVQCEEKFGPVU
HKTGQTGNGEVTKEUJQEM2CTMVJGXGJKENGDGHQTGQRGTCVKPIVJGFGXKEG
&QPQVUVQRQTRCTMKPRCTMKPITGUVTKEVGFCTGCUVQQRGTCVGVJGRTQF
WEV5WEJCEVUEQWNFNGCFVQVTCHHKECEEKFGPVU
&QPQVFKUCUUGODNGCUUGODNGQTOQFKH[VJG0CXKICVKQPU[UVGO
5WEJCEVUEQWNFTGUWNVKPCEEKFGPVUHKTGQTGNGEVTKEUJQEM
*GGFECWVKQPPQVVQURKNNYCVGTQTKPVTQFWEGHQTGKIPQDLGEVUKPVQVJG
FGXKEG5WEJCEVUEQWNFNGCFVQUOQMGHKTGQTRTQFWEVOCNHWPEVKQP
(QTOQUV#WFKQCPFOWNVKOGFKCOQFGUVJGFKURNC[YKNNPQVQRGTCVG
YJGPVJGXGJKENGKUKPOQVKQP(QT[QWTUCHGV[HKTUVRCTMVJGXGJKENG
VQYCVEJQTXKGYVJGUETGGP 6JGUETGGPYKNNQRGTCVGYJGPVJGRCTM
KPIDTCMGKUUGVVQ10HQTOCPWCNVTCPUOKUUKQPXGJKENGUCPFYJGP
UGVVQ2QT2CTMKPI$TCMG1PUVCVGHQTCWVQVTCPUOKUUKQPXGJKENGU
2C[CVVGPVKQPVQVTCHHKEEQPFKVKQPUYJKNGFTKXKPI
+PUQOGKPUVCPEGUVJGPCXKICVKQPOC[RTQXKFGIWKFCPEGVJTQWIJTG
UVTKEVGFCTGCU
6WTPQPVJGECTKIPKVKQPDGHQTGWUKPIVJKUFGXKEG&QPQVQRGTCVG
VJG0CXKICVKQPU[UVGOHQTNQPIRGTKQFUQHVKOGYKVJVJGKIPKVKQP
VWTPGFQHHCUUWEJQRGTCVKQPUOC[NGCFVQDCVVGT[FKUEJCTIG
1RGTCVKPIVJGFGXKEGYJKNGFTKXKPIEQWNFNGCFVQCEEKFGPVUFWGVQC
NCEMQHCVVGPVKQPVQGZVGTPCNUWTTQWPFKPIU(KTUVRCTMVJGXGJKENGDGHQTG
QRGTCVKPIVJGFGXKEG+PCFFKVKQPVJGVQWEJUETGGPOC[PQVYQTMHQT
UQOGHWPEVKQPUYJGPVJGXGJKENGKUKPOQVKQP6JGVQWEJUETGGPHGC
VWTGYKNNDGUWRRQTVGFQPEGVJGXGJKENGJCUUVQRRGF
7RQPWUKPIVJG0CXKICVKQPU[UVGOHQTOQTGVJCPOKPWVGUYKVJ
VJGECTGPIKPGVWTPGFQHHVJGHQNNQYKPIYCTPKPIYKNNDGFKURNC[GF
#HVGTOKPWVGUVJGYCTPKPIYKNNDGFKURNC[GFHQTUGEQPFUGXGT[
OKPWVG
#FLWUVVJGXQNWOGVQNGXGNUVJCVCNNQYVJGFTKXGTVQJGCTUQWPFU
HTQO QWVUKFG QH VJG XGJKENG &TKXKPI KP C UVCVG YJGTG GZVGTPCN
UQWPFUECPPQVDGJGCTFOC[NGCFVQCEEKFGPVU
&QPQVUWDLGEVVJGFGXKEGVQUGXGTGUJQEMQTKORCEV&KTGEVRTGU
UWTGQPVQVJGHTQPVUKFGQHVJGOQPKVQTOC[ECWUGFCOCIGVQVJG
.%&QTVQWEJUETGGP
2C[CVVGPVKQPVQVJGXQNWOGUGVVKPIYJGPVWTPKPIVJGFGXKEGQP#
UWFFGPQWVRWVQHGZVTGOGXQNWOGWRQPVWTPKPIVJGFGXKEGQP
EQWNFNGCFVQJGCTKPIKORCKTOGPV #FLWUVVJGXQNWOGVQCUWKVCDNG
NGXGNUDGHQTGVWTPKPIQHHVJGFGXKEG
9JGPENGCPKPIVJGFGXKEGOCMGUWTGVQVWTPQHHVJGFGXKEGCPF
WUGCFT[CPFUOQQVJENQVJ
+H[QWYCPVVQEJCPIGVJGRQUKVKQPQHFGXKEGKPUVCNNCVKQPRNGCUGKP
SWKTGYKVJ[QWTRNCEGQHRWTEJCUGQTUGTXKEGOCKPVGPCPEGEGPVGT
6GEJPKECNGZRGTVKUGKUTGSWKTGFVQKPUVCNNQTFKUCUUGODNGVJGFGXKEG
0GXGTWUGVQWIJOCVGTKCNUEJGOKECNENQVJUQTUQNXGPVU CNEQJQN
DGP\GPGVJKPPGTUGVE CUUWEJOCVGTKCNUOC[FCOCIGVJGFG
XKEGRCPGNQTECWUGEQNQTSWCNKV[FGVGTKQTCVKQP
9JGPGZRGTKGPEKPIRTQFWEVOCNHWPEVKQPUKPSWKTGYKVJ[QWTRNCEG
QHRWTEJCUGQTUGTXKEGOCKPVGPCPEGEGPVGT
$CUKEl
9CTPKPIUCPF%CWVKQPU
6DIHW\&DXWLRQV
.H\3URGXFW)HDWXUHV
6JKUFGXKEGKUCP#WFKQ0CXKICVKQPU[UVGOGSWKRRGFYKVJCOWNVKHWPEVKQPCNFKUERNC[GTVJCVUWRRQTVU4CFKQ (/(/#/ *&4CFKQVGEJPQN
QI[5+4+75#WFKQ%&/275$K2QF#WFKQ#7:CPF/[/WUKEHGCVWTGU6JG9+&'8)#.%&RTQXKFGUCJKIJSWCNKV[TGUQNWVKQPYJKNG
VJGRQYGTHWNCPFTKEJUQWPFU[UVGOCFFUVQVJGFTKXKPIGPLQ[OGPV
9KFG6(6.%&&KURNC[
&KURNC[
â˘
â˘
2TQXKFGUJKIJSWCNKV[UQWPFCPFXKFGQVJTQWIJC9KFG6(6.%&&KURNC[WUKPICP.'&$CEM.KIJV
6QWEJUETGGPHQTOCZKOWOWUGTEQPXGPKGPEG
&KIKVCN6WPGT(GCVWTG
â˘
&KIKVCN6WPGTWUKPI22.OGVJQFVJCVUWRRQTVUOGOQT[QHDTQCFECUVUVCVKQPUHQTGCEJ#/(/CPF(/OQFGU
+PVGITCVGF#PVGPPC 4#&+1 0#8+
4CFKQ
â˘
1WVUVCPFKPITGEGRVKQPXKCKPVGITCVGFCPVGPPCYKVJJKIJUGPUKVKXKV[
4CFKQDTQCFECUVUVCVKQPPCOG
â˘
&KURNC[UDTQCFECUVUVCVKQPPCOGUHQTMG[NQECVKQPU
*&4CFKQ5CVGNNKVG4CFKQHGCVWTG
â˘
5WRRQTVU*&4CFKQTGEGRVKQPCPF5CVGNNKVG4CFKQ 5+4+75
5WRRQTVHQTXCTKQWU/GFKC(QTOCVU
â˘
/WNVKOGFKC
2NC[GT
â˘
5WRRQTVHQTXCTKQWUOGFKCHQTOCVUKPENWFKPI4CFKQCWFKQ/2%&75$K2QFCPF#7:
5WRRQTVU75$K2QFCPF$NWGVQQVJs#WFKQ5VTGCOKPIOQFGU
/[/WUKE
â˘
5WRRQTVUEQR[KPIQHOWUKEUVQTGFYKVJKP75$QTK2QFFGXKEGUKPVQ/[/WUKE KPVGTPCNOGOQT[ OQFG
75$+OCIG
â˘
%QR[VQXKGYCPFUCXGKOCIGUUCXGFKP75$FGXKEGU
-G[2TQFWEV(GCVWTGU
8QKEG)WKFCPEG
â˘
0CXKICVKQP
â˘
8QKEGTQWVGIWKFCPEGVQUCHGN[CPFEQPXGPKGPVN[TGCEJUGVFGUVKPCVKQPU
8CTKQWUOCRUECNGUVJCVGPCDNGUFTKXGTUVQCEEWTCVGN[XKGYOCRCPFUWTTQWPFKPICTGCU
#WVQOCVKE%QTTGEVKQPHQT%WTTGPV.QECVKQP
â˘
#WVQOCVKECNN[EQTTGEVUEWTTGPVRQUKVKQPWUKPIOCROCVEJKPICPF)25KPHQTOCVKQP
$NWGVQQVJs 9KTGNGUU6GEJPQNQI[
â˘
%QPXGPKGPVWUGQH$NWGVQQVJs*CPFUHTGGD[WUKPIDWVVQPUYKVJKPVJGUVGGTKPIYJGGNTGOQVGEQPVTQNNGT
&KIKVCN5ETGGP%QPVTQN(GCVWTGU
/KUEGNNCPGQWU
â˘
'CU[EQPVTQNQHHGCVWTGUVJTQWIJVQWEJUETGGPQRVKQPU
5VGGTKPI9JGGN4GOQVG%QPVTQNNGT
â˘
%QPVTQNQXGTCWFKQHGCVWTGUXQKEGTGEQIPKVKQPCPF$NWGVQQVJsVJTQWIJVJGUVGGTKPIYJGGNTGOQVGEQPVTQNNGTHQTOCZKOWO
EQPXGPKGPEG
$CUKEl
&RPSRQHQW1DPHVDQG)XQFWLRQV
+HDG8QLW
0COG
&GUETKRVKQP
â˘
294MG[
81.-PQD
â˘
â˘
â˘
â˘
)0$0
6$7
â˘
9JGPRQYGTKUQHHRTGUUVQVWTPRQYGTQP
9JGPRQYGTKUQPRTGUUCPFJQNF QXGTUGEQPFU VQ
VWTPRQYGTQHH
9JGPRQYGTKUQPRTGUUUJQTVN[ WPFGTUGEQPFU VQ
VWTP#WFKQQHH
6WTPNGHVTKIJVVQEQPVTQNXQNWOG
%QPXGTVUVQ(/#/OQFG
'CEJVKOGVJGMG[KURTGUUGFVJGOQFGKUEJCPIGFKP
QTFGTQH(/â(/â#/â(/
%QPXGTVUVQ5+4+75OQFG
⢠'CEJVKOGVJGMG[KURTGUUGFVJGOQFGKUEJCPIGFKP
QTFGTQH5+4+75â5+4+75â5+4+75â5+4+75
9JGPMG[KURTGUUGFUJQTVN[ WPFGTUGEQPFU
â˘
â˘
â˘
9JGPMG[KURTGUUGFCPFJGNF QXGTUGEQPFU
â˘
â˘
â˘
3+21(
+P(/#/OQFGRNC[URTGXKQWUPGZVHTGSWGPE[
+P5+4+75OQFGRNC[UVJGRTGXKQWUPGZVEJCPPGN
+P%&/275$K2QF/[/WUKEOQFGUEJCPIGUVJGVTCEM
ĹżNGQTEJCRVGT
+P(/#/OQFGEQPVKPWQWUN[EJCPIGUVJGHTGSWGPE[WPVKN
VJGMG[KUTGNGCUGFCPFRNC[UVJGEWTTGPVHTGSWGPE[
+P5+4+75OQFGEQPVKPWQWUN[EJCPIGUVJGEJCPPGNWPVKN
VJGMG[KUTGNGCUGFCPFRNC[UVJGEWTTGPVEJCPPGN
+P%&/275$K2QF/[/WUKEOQFGUTGYKPFUQTHCUV
HQTYCTFUVJGVTCEMQTĹżNG
6CMGUWUGTVQJQOGRJQPGUETGGP
&GUETKRVKQP
â˘
0(',$
0$3
92,&(
'(67
â˘
&KURNC[U%&/275$K2QF#7:$NWGVQQVJs#WFKQ
5VTGCOKPI/[/WUKEOQFGU
+HVJGOGFKCKUPQVEQPPGEVGFQTCFKUEKUPQVKPUGTVGF
EQTTGURQPFKPIOQFGUYKNNDGFKUCDNGF
&KURNC[UVJGOCRHQTVJGEWTTGPVRQUKVKQP
&KURNC[UVJG&GUVKPCVKQPUGVWROGPW
5287(
&KURNC[U4QWVGOGPWUETGGP
6(783
&KURNC[UVJG5GVWROQFG
â˘
670'
MG[
â˘
â˘
+P(/#/OQFGEJCPIGUVJGHTGSWGPE[
+P5+4+75OQFGEJCPIGUVJGEJCPPGN
+P%&/275$K2QF/[/WUKEOQFGUEJCPIGUVJGVTCEM
ĹżNGQTEJCRVGT
2TGUUVQKPUGTVQTGLGEVFKUE
5&%CTFKPUGTVUNQV
$CUKEl
%QORQPGPV0COGUCPF(WPEVKQPU
0COG
&RPSRQHQW1DPHVDQG)XQFWLRQV
6WHHULQJ:KHHO5HPRWH&RQWUROOHU
0COG
92/ 92/
087(
&GUETKRVKQP
0COG
&GUETKRVKQP
9JGPRTGUUGFUJQTVN[ WPFGTUGEQPFU
⢠#EVKXCVGUXQKEGTGEQIPKVKQP
9JGPRTGUUGFCPFJGNF QXGTUGEQPFU
⢠'PFUXQKEGTGEQIPKVKQP
%QPVTQNUVJGXQNWOG
/WVGUVJGUQWPF
9JGPMG[UCTGRTGUUGFUJQTVN[ WPFGTUGEQPFU
â˘
â˘
â˘
Č 9
â˘
â˘
â˘
â˘
â˘
â˘
9JGPRTGUUGFUJQTVN[ WPFGTUGEQPFU
â˘
â˘
â˘
9JGPMG[UCTGRTGUUGFCPFJGNF QXGTUGEQPFU
â˘
02'(
+P(/#/OQFGUGCTEJGUDTQCFECUVHTGSWGPEKGUUCXGF
VQ2TGUGVU
+P5+4+75OQFGUUGCTEJGUDTQCFECUVEJCPPGNUUCXGFVQ
2TGUGVU
+P%&/275$K2QF/[/WUKEOQFGUEJCPIGUVJG
VTCEMĹżNGQTEJCRVGT
+P (/#/ OQFG CWVQOCVKECNN[ UGCTEJGU DTQCFECUV
HTGSWGPEKGUCPFEJCPPGNU
+P 5+4+75 OQFGU CWVQOCVKECNN[ UGCTEJGU DTQCFECUV
EJCPPGNU
+P%&/275$K2QF/[/WUKEOQFGUTGYKPFUQTHCUV
HQTYCTFUVJGVTCEMQTĹżNG
'CEJVKOGVJKUMG[KURTGUUGFVJGOQFGKUEJCPIGFKP
QTFGTQH(/ â(/ â#/ â5+4+75 â5+4+75 â
5+4+75 â75$QTK2QF â#7: â$NWGVQQVJs#WFKQ â
/[/WUKE
+HVJGOGFKCKUPQVEQPPGEVGFQTCFKUEKUPQVKPUGTVGF
EQTTGURQPFKPIOQFGUYKNNDGFKUCDNGF
2TGUUCPFJQNFVJGMG[ QXGTUGEQPFU VQVWTPVJG
#WFKQU[UVGOQPQHH
9JGPRQYGTKUQHHRTGUUVJGMG[VQVWTPRQYGTDCEMQP
â˘
9JGPRTGUUGFCPFJGNF QXGTUGEQPFU
â˘
â˘
â˘
9JGPRTGUUGFKPVJGRJQPGUETGGPFKURNC[UECNNJKUVQT[
UETGGP
9JGPRTGUUGFKPVJGFKCNUETGGPOCMGUCECNN
9JGPRTGUUGFKPVJGKPEQOKPIECNNUETGGPCPUYGTUVJG
ECNN
9JGPRTGUUGFFWTKPIECNNYCKVKPIUYKVEJGUVQYCKVKPI
ECNN %CNN9CKVKPI
9JGPRTGUUGFKPVJG$NWGVQQVJs*CPFUHTGGYCKVOQFG
TGFKCNUVJGNCUVECNN
9JGP RTGUUGF FWTKPI C $NWGVQQVJs *CPFUHTGG ECNN
UYKVEJGUECNNDCEMVQOQDKNGRJQPG 2TKXCVG
9JGP RTGUUGF YJKNG ECNNKPI QP VJG OQDKNG RJQPG
UYKVEJGUECNNDCEMVQ$NWGVQQVJs*CPFUHTGG 1RGTCVGU
QPN[YJGP$NWGVQQVJs*CPFUHTGGKUEQPPGEVGF
9JGPRTGUUGFFWTKPICECNNGPFUVJGRJQPGECNN
9JGPRTGUUGFKPVJGKPEQOKPIECNNUETGGPTGLGEVUVJGECNN
&OLPDWH6\VWHP
&GUETKRVKQP
4GOQXGUJWOKFKV[CPFHTQUVD[DNQYKPIHCPVQYCTFUVJG
HTQPVYKPFQY
0COG
&GUETKRVKQP
5YKVEJGUVJGCKTKPVCMGOQFGVQTGEKTEWNCVKQP
5YKVEJGUVJGCKTKPVCMGOQFGVQQWVUKFGCKT
6JGUKFGOKTTQTCPFTGCTYKPFQYFGHTQUVGTKUVWTPGFQPQHH
$872
1RGTCVGUCWVQVGORGTCVWTGOQFGVQOCKPVCKPECDKPVGO
RGTCVWTGCVUWKVCDNGNGXGNUTGNCVKXGVQQWVUKFGVGORGTCVWTG
'8$/
6WTPU&7#.OQFGQPQHH
7RQPVWTPKPIQP&7#.VJGFTKXGTUKFGCPFRCUUGPIGTUKFG
VGORGTCVWTGECPDGQRGTCVGFKPFGRGPFGPVN[
&/,0$7( &KURNC[UVJGENKOCVGKPHQUETGGP
7(03
%QPVTQNUVJGFTKXGTUKFGVGORGTCVWTG
3DVVHQJHU
7HPS
2))
6WTPUVJGENKOCVGU[UVGOQHH
5GVUVJGHCPNGXGN
02'(
$&
5GVUVJGHCPFKTGEVKQP
6WTPUVJGCKTEQPFKVKQPGTQPQHH
%QPVTQNUVJGRCUUGPIGTUKFGVGORGTCVWTG
$CUKEl
%QORQPGPV0COGUCPF(WPEVKQPU
0COG
6WDUWLQJWKH6\VWHPIRUWKH)LUVW7LPH
7XUQLQJWKH6\VWHP2Q2II
6WTPKPIVJG5[UVGO1P
6QEJCPIGVJGU[UVGONCPIWCIGDGVYGGP
-QTGCP'PINKUJ(TCPĂCKUCPF'URCĂQN
RTGUUVJG /DQJXDJH DWVVQP
U[UVGOYKNNVWTPQP
2TGUU VJG GPIKPG UVCTV DWVVQP CICKP QT
RTGUUCPFJQNFVJG 294MG[QPVJGU[U
VGOVQVWTPVJGU[UVGOQHH
+HVJGGPIKPGUVCTVDWVVQPKURTGUUGFYKVJQWV
RTGUUKPI VJG DTCMGU VJGP VJG #%% CPF
6WTPKPIVJG5[UVGO1HH
+PHQTOCVKQP
â˘
0QQRGTCVKQPUCTGUWRRQTVGFYJKNGVJGU[U
1PEGVJGU[UVGOKUVWTPGFQPVJGDQQVKPI
VGOKUDQQVKPI5QOGVKOGOC[DGTGSWKTGF
RTQEGUUYKNNUVCTVCPFVJGUCHGV[YCTPKPI
WPVKNCNNHGCVWTGUCTGTGCF[HQTWUG
+PHQTOCVKQP
â˘
+H VJG U[UVGO KU VWTPGF QHH YJKNG VJG
*CPFUHTGGKUDGKPIWUGFVJGPVJGECNNYKNN
RCIGKUFKURNC[GF
CWVQOCVKECNN[UYKVEJDCEMVQVJGOQDKNG
RJQPG
%#76+10
2TGUUKPIVJG 294MG[QPVJGJGCFWPKV
YKNNFKURNC[VJGUCHGV[YCTPKPIRCIG
2TGUU VJG $JUHH DWVVQP VQ FKURNC[ VJG
OQUVTGEGPVOQFG
â˘
â˘
#&/ #EEGUUQT[&GNC[/QFG TGHGTUVQ
6JG UCHGV[ YCTPKPI RCIG KU FKURNC[GF
C UVCVG KP YJKEJ VJG PCXKICVKQP U[UVGO
GXGT[VKOGVJGKIPKVKQPKUVWTPGFQP6JG
YKNNTGOCKPVWTPGFQPHQTEQPVKPWGFWUG
FKURNC[GFYCTPKPIUCTGTGNCVGFVQUCHVG[
WRVQCEGTVCKPCOQWPVQHVKOGGXGPKHVJG
RNGCUGENQUGN[TGCFCPFEQORN[YKVJVJG
XGJKENGKIPKVKQPKUUGVVQ#%%1((UVCVG
UCHGV[YCTPKPIU
â˘
6JGPCXKICVKQPU[UVGOYKNNCWVQOCVKECNN[
VWTPQHHKHOQTGVJCPOKPWVGUJCURCUUGF
KP#%%1((UVCVGQTVJGFTKXGTUKFGFQQT
KUQRGPGF
â˘
9JKNG#&/KUQRGTCVKPIKVKURQUUKDNGVQ
OCPWCNN[VWTPQHHVJGU[UVGORQYGT
%DWWHU\:DUQLQJ0HVVDJH
â˘
VWTPKPIVJGFGXKEGQP#FLWUVVJGXQNWOG
6JKUHGCVWTGKUWUGFVQTGUGVVJGU[UVGOKP
7UGVJGU[UVGOQPN[YJGPVJGGPIKPGKU
VQCUWKVCDNGNGXGNUDGHQTGVWTPKPIQHHVJG
VJGQEEWTTGPEGQHCPWPHQTGUGGPGTTQTQT
TWPPKPI+HVJGU[UVGOKUVWTPGFQPYKVJVJG
FGXKEG
RTQDNGO
GPIKPGQHHVJGPVJGHQNNQYKPIYCTPKPIYKNN
2C[CVVGPVKQPVQVJGXQNWOGUGVVKPIYJGP
DGFKURNC[GF
2TGUUCPFJQNFVJG4'5'6MG[ CDQWV
UGEQPF
6JGWUGQHCENKRQTRKPKUTGEQOOGPFGF
6JKUOGUUCIGYKNNCWVQOCVKECNN[FKUCRRGCT
QPEGVJGGPIKPGKUVWTPGFQP
YJGPTGUGVVKPIVJGU[UVGO
%#76+10
016+%'
⢠7RQPTGUGVVKPIVJGU[UVGOUCXGFFCVC
CPFUGVVKPIUKPHQTOCVKQP XQNWOGCPFFKU
RNC[UGVVKPIU YKNNDGTGUVQTGFDCEMVQVJG
FGHCWNVHCEVQT[UVCVG5WEJCTGPQVKPFKEC
VKQPUQHOCNHWPEVKQPU
â˘
7UKPIVJGU[UVGOHQTRTQNQPIGFRGTKQFU
QHVKOGYKVJQWVVJGGPIKPGTWPPKPIOC[
TGUWNVKPDCVVGT[FKUEJCTIG
$CUKEl
5VCTVKPIVJG5[UVGOHQTVJG(KTUV6KOG
5HVHWWLQJWKH6\VWHP
%#76+10
$XGLR
â˘
(/#//QFG
â˘
*&4CFKQ6//QFG
â˘
5+4+75/QFG
â˘
#DQWV&+5%
â˘
%&/QFG
â˘
/2%&/QFG
â˘
75$/QFG
â˘
K2QF/QFG
â˘
#7:/QFG
â˘
$NWGVQQVJs#WFKQ/QFG
â˘
/[/WUKE/QFG
&$5$916<67(0
)0$00RGH
%DVLF0RGH6FUHHQ +'5DGLR70UHFHSWLRQ2))
0COG
&GUETKRVKQP
/QFG&KURNC[
&KURNC[UEWTTGPVN[QRGTCVKPIOQFG
2TGUGV
5JQYUUCXGFRTGUGVUHQTWUGTUGNGEVKQP
$TQCFECUVUVCVKQP &KURNC[UVJGEWTTGPVDTQCFECUVUVCVKQPPCOG
(TGSWGPE[
&KURNC[UVJGEWTTGPVHTGSWGPE[
)GPTG&KURNC[
&KURNC[UVJGEWTTGPVIGPTG
2TGUGV5ECP
2NC[URTGUGVHTGSWGPEKGUHQTUGEQPFUGCEJ
6GZV1P 6GZV1HH
6WTPUVJG4CFKQ6GZVKPHQTOCVKQPQPCPFQHH
/GPW
&KURNC[U2TGUGV5ECPCPF6GZV1P 6GZV1HH OGPWU
5ECP
2NC[UHTGSWGPEKGUYKVJUWRGTKQTTGEGRVKQPHQTUGE
QPFUGCEJ
#WVQ5VQTG
5CXGUHTGSWGPEKGUYKVJUWRGTKQTTGEGRVKQPVQ2TGUGV
DWVVQPU
%DVLF0RGH6FUHHQ +'5DGLR70UHFHSWLRQ21
0COG
DWVVQPU
â˘
2NC[UVJGUGNGEVGF*&4CFKQ6/UVCVKQP
+HVJGTGKUPQ*&4CFKQ6/UVCVKQPEQTTGURQPFKPI
DWVVQPUYKNNDGFKUCDNGF
$TQCFECUV5VCVKQP &KURNC[UVJGEWTTGPVDTQCFECUVUVCVKQP
â˘
)GPTG
&KURNC[UVJGEWTTGPVDTQCFECUVIGPTG
$TQCFECUV+PHQ
&KURNC[U FGVCKNGF KPHQTOCVKQP CDQWV VJG EWTTGPV
DTQCFECUV
5ECP
2NC[UHTGSWGPEKGUYKVJUWRGTKQTTGEGRVKQPHQTUGE
QPFUGCEJ
â˘
6CIIKPI
â˘
#WVQ5VQTG
5CXGUHTGSWGPEKGUYKVJUWRGTKQTTGEGRVKQPVQ2TGUGV
DWVVQPU
2TGUGV5ECP
2NC[URTGUGVHTGSWGPEKGUHQTUGEQPFUGCEJ
+PHQ1P +PHQ1HH
2NC[UHTGSWGPEKGUYKVJUWRGTKQTTGEGRVKQPHQTUGE
QPFUGCEJ
7UGFVQUCXGUQPIKPHQTOCVKQPHQTVJGEWTTGPVN[
RNC[KPIDTQCFECUV
7RQPEQPPGEVKPICPK2QFUQPIKPHQTOCVKQPKU
VTCPUHGTTGFVQVJGK2QFCPFECPDGFQYPNQCFGF
VJTQWIJK6WPGU
#WFKQl
(/#//QFG
*&4CFKQ6/
&GUETKRVKQP
)0$00RGH
6WDUWLQJ0RGH
7UKPI5''-
2TGUU VJG
2TGUUVJG )0$0 MG[VQEJCPIGVJG
OQFGKPQTFGTQH(/â(/â#/
5GNGEVKPI2TGUGVU
MG[ VQ
CWVQOCVKECNN[UGCTEJHQTHTGSWGPEKGU
â˘
5JQTVN[RTGUUVJGMG[ WPFGTUGEQPFU
2NC[URTGXKQWUPGZVHTGSWGPE[
â˘
2TGUUCPFJQNFVJGMG[ QXGTUGEQPFU
%JCPIGUVJGHTGSWGPE[YJKNGRTGUUGFCPF
TGEGKXGUVJGPGZVHTGSWGPE[WRQPTGNGCUG
7UKPI670'
6WTPVJG 670'MPQDNGHVTKIJVVQUGNGEV
(TQOVJGRTGUGVUUGNGEVVJGHTGSWGPE[
[QWYCPVVQNKUVGPVQ
VJGHTGSWGPE[
+PHQTOCVKQP
9JGP VJG RQYGT KU 1(( RTGUUKPI VJG
)0$0 MG[YKNNVWTPVJGRQYGTQPCPF
â˘
RNC[CTCFKQDTQCFECUV
;QWECPUCXGWRVQRTGUGVEJCPPGNUGCEJ
HQT(/(/CPF#/
â˘
(/(/+PETGCUGUFGETGCUGUD[M*\
â˘
#/+PETGCUGUFGETGCUGUD[M*\
6DYLQJ5DGLR)UHTXHQF\
5CXKPI#WVQOCVKECNN[
2TGUUVJG
6FDQQLQJ5DGLR)UHTXHQF\
$XWR6WRUH VQCWVQOCVKECNN[
2TGUUVJG
VQPU
HTGSWGPEKGU
6FDQ DWVVQPVQUECPCNNTCFKQ
(/#//QFG
UCXGTGEGKXCDNGHTGSWGPEKGUVQ2TGUGVDWV
#VQVCNQHHTGSWGPEKGUYKVJUKZRTGUGV
HTGSWGPEKGUGCEJHQT(/(/#/OQFGU
ECPDGUCXGF
+PHQTOCVKQP
5CXKPI/CPWCNN[
#HVGTUGNGEVKPIHTGSWGPE[âś2TGUUCPF
JQNF QXGTUGEQPFU VJGRTGUGVDWVVQP
â˘
9JKNG#WVQ5VQTGKUQRGTCVKPIRTGUUKPI
VJG
$XWR6WRUH DWVVQP CICKP YKNN
ECPEGNVJGHWPEVKQPCPFRNC[VJGRTGXKQWU
5VCTVKPIHTQOVJGEWTTGPVHTGSWGPE[HTG
HTGSWGPE[
SWGPEKGU YKVJ UWRGTKQT TGEGRVKQP CTG
# DGGR YKNNUQWPFCPFVJGHTGSWGPE[KU
UECPPGFHQTUGEQPFUCPFVJGRTGXKQWU
UCXGFVQVJGUGNGEVGFRTGUGVDWVVQP
HTGSWGPE[KUTGUVQTGF
#WFKQl
)0$00RGH
8VLQJWKH0HQX%XWWRQV
6GZV1P6GZV1HH
2TGUUVJG 0HQX DWVVQPâś2TGUU
2TGUU VJG
0HQX DWVVQP VQ WUG VJG
10
7H[W2Q
2TGUGV5ECPOGPW
6JG6GZVHGCVWTGKUVWTPGFQPQHH
â˘
+H VJG
10
7H[W2Q DWVVQP KU FKURNC[GF
6GZVQHHUVCVG KPHQTOCVKQPYKNNPQVDG
FKURNC[GF GXGP KH VJGTG KU KPHQTOCVKQP
DGKPI VTCPUOKVVGF HTQO VJG DTQCFECUV
â˘
UVCVKQP
+H VJG 1HH 7H[W2II DWVVQP KU FKURNC[GF
6GZVQPUVCVG VJGPDTQCFECUVKPHQTOC
VKQPYKNNDGFKURNC[GF+PHQTOCVKQPOC[
2TGUGV5ECP
PQVDGFKURNC[GFKHVJGTGKUPQKPHQTOC
2TGUUVJG 0HQX DWVVQPâś2TGUU
3UHVHW6FDQ
VKQPDGKPIVTCPUOKVVGFHTQOVJGDTQCF
ECUVUVCVKQP
(TGSWGPEKGUUCXGFVQVJGRTGUGVDWVVQPU
CTG GCEJ RNC[GF HQT UGEQPFU CPF VJG
RTGXKQWUHTGSWGPE[KUTGUVQTGF
+'5DGLRĐ°0RGH
$ERXW+'5DGLRĐŻ7HFKQRORJ\
2TQITCO5GTXKEG&CVC
*&4CFKQ6//QFG
%QPVTKDWVGUVQVJGUWRGTKQTWUGTGZRGTKGPEGQH*&
4CFKQ6GEJPQNQI[2TGUGPVUUQPIPCOGCTVKUVUVCVKQP+&U*&*&
%JCPPGN)WKFGCPFQVJGTTGNGXCPVFCVCUVTGCOU
#FLCEGPVVTCFKVKQPCNOCKPUVCVKQPUCTGGZVTCNQECN(/
EJCPPGNU6JGUGU*&*&%JCPPGNURTQXKFGPGY
QTKIKPCNOWUKECUYGNNCUFGGREWVUKPVQVTCFKVKQPCNIGPTG
&KIKVCN%&SWCNKV[UQWPF*&4CFKQ6GEJPQNQI[GP
CDNGUNQECNTCFKQUVCVKQPUVQDTQCFECUVCENGCPFKIKVCN
UKIPCN#/UQWPFUNKMGVQFC[ĹU(/CPF(/UQWPFUNKMGC%&
K6WPGUs6CIIKPIRTQXKFGU[QWVJGQRRQTVWPKV[VQFKU
EQXGTCYKFGTCPIGQHEQPVGPVCPFVJGOGCPUVQĹVCIĹ
VJCVEQPVGPVHQTNCVGTTGXKGYCPFRWTEJCUGHTQOVJGK6WPGUs5VQTG#NUQTGHGTVQ
VJG#RRNG#WVQOQVKXGURGEKHKECVKQPUHQTKORNGOGPVKPIK6WPGUs6CIIKPI
#WFKQl
+'5DGLR700RGH
6WDUWLQJ0RGH
2SHUDWLQJ+'5DGLR700RGH
7UKPI670'
6WTPVJG 670'MPQDNGHVTKIJVVQUGNGEV
2TGUUVJG )0$0 MG[VQVWTPQP4CFKQ
OQFG
5GNGEVKPIC(TGSWGPE[
#U*&4CFKQ6/TGEGRVKQPKUKPENWFGFYKVJKP
+HCP*&4CFKQ6/DTQCFECUVKUTGEGKXGFVJG
4CFKQ OQFG VJG OGVJQFU QH OQXKPI
TCFKQOQFGYKNNUYKVEJHTQOCPCNQIDTQCF
DGVYGGPEJCPPGNUUCXKPIRTGUGVUUGCTEJ
ECUVVQ*&4CFKQ6/DTQCFECUV
KPIQTOGVJQFUQHUGCTEJKPIHTGSWGPEKGUCTG
KFGPVKECN*QYGXGTYJKNGVJG*&4CFKQ6/
+PHQTOCVKQP
â˘
6/
6JG*&4CFKQ UETGGPKUFKURNC[GFQPN[
YKVJKPTGIKQPUYJGTGCP*&4CFKQ6/UKIPCN
YJGPC*&4CFKQ6/DTQCFECUVKUDGKPI
ECPDGTGEGKXGF
TGEGKXGF
â˘
TGNCVGFKEQPFKURNC[YKNNDGEQOGCEVKXGYJGP
6QGPUWTG*&4CFKQ6/UVCVKQPUCTGTGEGKXGF
VWTP VJG HGCVWTG QP CV
MG[ âś
+'5DGLR
VJGHTGSWGPE[
5GNGEVKPIVJTQWIJ2TGUGV
6RQJ7DJJLQJ
+'5DGLR70'LJLWDO
%URDGFDVW2Q2II
6JGUQPIVCIIKPIHGCVWTGRTQXKFGUCYC[
VKQPHTQOVJGTCFKQHQTHWVWTGRWTEJCUGKP
2TGUUVJG
MG[âś2TGUUVJGâś
+'5DGLR âś2TGUU 2Q 2II
K6WPGU
7RQPEQPPGEVKQPQHCP#RRNGCWFKQRNC[
DCEMFGXKEGVJGVCIIGFUQPIUYKNNDG
VTCPUHGTTGFVQ[QWTK6WPGUCEEQWPVKP[QWT
(TQOVJGRTGUGVUUGNGEVVJG*&4CFKQ6/
6CIIGFUQPIUHQNFGT
DTQCFECUV[QWYCPVVQNKUVGPVQ
+PHQTOCVKQP
â˘
+PHQTOCVKQP
â˘
(QT*&4CFKQ6/DTQCFECUVEJCPPGNUYKVJ
QWVUWDEJCPPGNUUWDEJCPPGNUYKNNDG
â˘
7RVQUQPIUECPDGUCXGFKHCPK2QF
FGXKEGKUPQVEQPPGEVGF
*&4CFKQ6/$TQCFECUVUECPDGVWTPGF1P
5QPIFCVCECPDGVTCPUHGTTGFVQCPK2QF
CPF1HHHQT*&4CFKQ6/(/CPF#/OQFG
UMKRRGFCPFQPN[OCKPEJCPPGNUYKNNDG
QPN[KHVJGTGKUCXCKNCDNGURCEGYKVJKPVJG
TGEGKXGF
FGXKEG
#WFKQl
*&4CFKQ6//QFG
VQ ECRVWTG DTQCFECUVGF UQPI KPHQTOC
6,5,860RGH
%DVLF0RGH6FUHHQ
0COG
&GUETKRVKQP
/QFG&KURNC[
&KURNC[UEWTTGPVN[QRGTCVKPIOQFG
2TGUGV
6JGFGUKTGFHTGSWGPE[ECPDGUCXGFCUCRTGUGV
CPFUGNGEVGF
5+4+75.QIQ
&KURNC[VJG5+4+75NQIQ
%JCPPGN0WODGT
&KURNC[UVJGEWTTGPVEJCPPGNPWODGT
%CVGIQT[OQFG
KPFKECVQT
%JCPPGNOQFG
KPFKECVQT
&KURNC[UVJGECVGIQT[OQFGKPQTCPIG
&KURNC[UVJGEJCPPGNOQFGKPQTCPIG
5GVVKPI&KURNC[
&KURNC[UVJGKPFKECVQTKH5ECP2TGUGV5ECPKUQRGTCVKPI
%CVGIQT[PCOG
&KURNC[UVJGECVGIQT[PCOG
%JCPPGNPCOG
&KURNC[UVJGEJCPPGN
6KVNGPCOG
&KURNC[UVJGVKVNGPCOG
#TVKUVPCOG
&KURNC[UVJGCTVKUVPCOG
%QORQUGTPCOG
&KURNC[UVJGEQORQUGTPCOG
5GCTEJ
7UGFVQUGCTEJHQTEJCPPGNUD[GPVGTKPIEJCPPGN
PWODGTU
2TGUGV5ECP
2NC[URTGUGVHTGSWGPEKGUHQTUGEQPFUGCEJ
5ECP
2NC[UCNNTGEGKXCDNGEJCPPGNUHQTUGEQPFUGCEJ
/GPW
&KURNC[U5GCTEJ2TGUGV5ECPCPF5ECPOGPWU
%CVGIQT[
5GNGEVKQP$WVVQPU
.KUV
7UGFVQUGNGEVVJGRTGXKQWUPGZVECVGIQT[
&KURNC[U5+4+754CFKQ%CVGIQTKGU%JCPPGN.KUVU
+PHQTOCVKQP
6WDUWLQJ0RGH
â˘
9KVJKP ECVGIQT[ OQFG EJCPPGNU YKVJKP
VJGEWTTGPVECVGIQT[YKNNDGRNC[GF
â˘
9KVJKPEJCPPGNOQFGCNNEJCPPGNUKPCNN
5+4+75/QFG
2TGUU VJG 6$7 MG[ VQ EJCPIG VJG
OQFGKPQTFGTQH5+4+75â5+4+75
â5+4+75
5GNGEVKPI2TGUGVU
ECVGIQTKGUYKNNDGRNC[GF
â˘
+HPQQRGTCVKQPHQTUGEQPFUFWTKPIECV
GIQT[OQFGKVIQGUDCEMVQVJGEJCPPGN
OQFGCWVQOCVKECNN[
(TQOVJGRTGUGVUUGNGEVVJGEJCPPGN[QW
7UKPI670'
YCPVVQNKUVGPVQ
6WTPVJG 670'MPQDNGHVTKIJVVQFKURNC[
VJGRTGXKQWUQTPGZVEJCPPGNKPHQTOCVKQP
9JGP VJG RQYGT KU 1(( RTGUUKPI VJG
6$7 MG[ YKNN VWTP VJG RQYGT QP CPF
RNC[CP5+4+754CFKQDTQCFECUV
7UKPI5''2TGUUVJG
MG[QPVJG
EQPVTQNRCPGNHQTWPFGTUGEQPFU
6JG RTGXKQWU QT PGZV EJCPPGN YKNN DG
#HVGTCDTKGHOQOGPVVJGUGNGEVGFEJCPPGN
UGNGEVGF
YKNNDGFKURNC[GF
#WFKQl
6,5,860RGH
5GNGEVKPIVJTQWIJ%JCPPGN%CV
GIQT[.KUV
6DYLQJ6,5,86&KDQQHOV
2TGUUVJG /LVW DWVVQPâś5GNGEVVJG
FGUKTGFECVGIQT[CPFEJCPPGN
2TGUU VJG
#HVGTUGNGEVKPIEJCPPGNâś2TGUUCPFJQNF
QXGTUGEQPFU VJGRTGUGVDWVVQP
#EQPHKTOCVKQP DGGR YKNNDGJGCTFCPFVJG
EJCPPGNYKNNDGUCXGFVQVJGUGNGEVGFRTG
UGVDWVVQP
+PHQTOCVKQP
â˘
5KZRTGUGVHTGSWGPEKGUGCEJHQT5+4+75
1PEG UGNGEVGF VJG RTGXKQWU UETGGP YKNN
5+4+755+4+75OQFGUECPDGUVQTGF
DGTGUVQTGFCPFVJGUGNGEVGFEJCPPGNYKNN
WUKPIVJGCDQXGKPUVTWEVKQPU
DGIKPRNC[KPI
0HQX DWVVQP VQ WUG VJG
5GCTEJ2TGUGV5ECPCPF5ECPOGPWU
5CXKPI/CPWCNN[
5GNGEVVJGFGUKTGFECVGIQT[CPFVJGEJCPPGN
8VLQJWKH0HQX%XWWRQV
2TGUGV5ECP
2TGUUVJG 0HQX DWVVQPâś2TGUU
6HDUFK âś'PVGTPWODGTUCPFRTGUU
'RQH
2TGUUVJG 0HQX DWVVQPâś2TGUU
3UHVHW6FDQ
5ECP
2TGUUVJG 6FDQ DWVVQPVQUECPCNNEJCP
PGNU
5+4+75/QFG
5GCTEJ
%JCPPGNUUCXGFVQVJGRTGUGVDWVVQPU
CTGGCEJRNC[GFHQTUGEQPFUCPFVJGP
VJGRTGXKQWUEJCPPGNKUTGUVQTGF
5VCTVKPIHTQOVJGEWTTGPVEJCPPGNEJCP
'PVGTVJGPWODGTQHVJGEJCPPGN[QWYCPV
PGNUYKVJUWRGTKQTTGEGRVKQPCTGUECPPGF
VQTGEGKXG
HQTUGEQPFUCPFVJGRTGXKQWUEJCPPGNKU
TGUVQTGFQPEGUECPPKPIKUEQORNGVG
#WFKQl
'LVF
$ERXW'LVF
2TGECWVKQPUWRQP*CPFNKPI&KUEU
#HVGTWUKPICFKUERWVVJGFKUEDCEMKPKVUQTKIKPCNECUGVQRTGXGPV
FKUEUETCVEJGU
&QPQVWUGCDPQTOCNN[UJCRGFFKUEU EOJGCTVUJCRGFQEVC
IQPUJCRGF CUUWEJFKUEUEQWNFNGCFVQOCNHWPEVKQPU
&QPQVENGCPFKUEUYKVJEJGOKECNUQNWVKQPUUWEJCUTGEQTFURTC[U
CPVKUVCVKEURTC[UCPVKUVCVKENKSWKFUDGP\GPGQTVJKPPGTU
&QPQVGZRQUGVJGFKUEVQFKTGEVUWPNKIJVQTJKIJVGORGTCVWTGUHQT
RTQNQPIGFRGTKQFUQHVKOG5WEJGZRQUWTGOC[NGCFVQFKUEFGHQT
OCVKQP
7RQPRNC[KPICFKUEEQPVCOKPCVGFD[FKTVQTQVJGTUWDUVCPEGUVJG
UQWPF SWCNKV[ OC[ FGVGTKQTCVG CPF TGUWNV KP UMKRRKPI UQWPFU
9TKVKPIQPGKVJGTUKFGQHVJGFKUEEQWNFTGUWNVKPFCOCIGVQFKUE
UWTHCEGU
%NGCPHKPIGTRTKPVUCPFFWUVQHHVJGFKUEUWTHCEG EQCVGFUKFG YKVJ
CUQHVENQVJ
%QR[RTQVGEVGF%&UUWEJCU5V[RG%&UOC[PQVRTQRGTN[QRGT
CVGKPVJGFGXKEG#%&UECPPQVDGRNC[GF *QYGXGTUWEJ
FKUEUOC[UVKNNCDPQTOCNN[QRGTCVG
&QPQVFKUCUUGODNGVJGFGXKEG%QPVCEVCFGUKIPCVGFUGTXKEGEGP
VGTKPECUGQHOCNHWPEVKQP %QORNGVGCHVGTUGTXKEGCUUKUVCPEGYKNN
PQVDGRTQXKFGFKHVJGWUGTFKUCUUGODNGUVJGFGXKEG
&QPQVWUGYCVGTVQENGCPVJGFGXKEG'ZRQUWTGVQYCVGTEQWNF
NGCFVQRTQFWEVOCNHWPEVKQP
&QPQVVQKPVTQFWEGHQTGKIPUWDUVCPEGUKPVQVJGFKUEKPUGTVGLGEV
UNQV+PVTQFWEKPIHQTGKIPUWDUVCPEGUEQWNFFCOCIGVJGFGXKEGKPVG
TKQT
6JGFGXKEGOC[HCKNVQRTQRGTN[QRGTCVGKPGZVTGOGN[JQVQTEQNF
VGORGTCVWTGU 6JGQRGTCVKPIVGORGTCVWTGTCPIGKUĹ(`Ĺ(
5VGCOECPDGEQOGEQPFGPUGFQPVJGHKDGTQRVKENGPUFWGVQTCKP
YGVEQPFKVKQPUQTWRQPQRGTCVKPIVJGJGCVKPIU[UVGO+PUWEJ
ECUGUFKUEUOC[PQVDGRTQRGTN[TGEQIPK\GF4GOQXGVJGFKUE
CPFYCKVWPVKNVJGOQKUVWTGFTKGU
5MKRRKPIOC[QEEWTFWTKPICWFKQRNC[YJGPFTKXKPIQPDWOR[
TQCFUHQTRTQNQPIGFRGTKQFUQHVKOGQTWRQPUGXGTGUJQEMVQVJG
XGJKENG+PECUGQHUGXGTGUJQEMCWFKQOC[PQVRTQRGTN[RNC[
5WRRQTVGF&KUE(QTOCVU
&KUE%QPVGPV(QTOCV%QORCVKDKNKV[
6JKUFGXKEGUWRRQTVUVJGHQNNQYKPIFKUEHQT
&KUE6[RG
&KUE(QTOCV
&GXKEG5WRRQTV
%&
KPEJ EO
KPEJ EO
%&
%&4
%&49
/WNVKUGUUKQP%&
â
â
â 4GCF1PN[
â 4GCF1PN[
â 4GCF1PN[
X
5#%&
5KPING5#%&NC[GT
5#%& *[DTKF X 1PN[%&NC[GT
&KUE6[RG
&KUE(QTOCV
&GXKEG5WRRQTV
%&
.2%/
â
/2
/2').C[GT
/2').C[GT
/2')
â
â
â
9/#
8GT
â
VWTGFVQDGEQORCVKDNGYKVJUQHVYCTGDGCT
KPIVJGHQNNQYKPINQIQOCTMU
&KUE
&KUE6[RG
5#%&
6JKUFGXKEGJCUDGGPFGUKIPGFOCPWHCE
$[(QTOCVCEEQTFKPIVQ&KUE6[RG
OCVU
1TFKPCT[&KUE%QORCVKDKNKV[
$XGLR&'
â˘
%&449 FKUEU #WFKQ %& ETGCVGF
YKVJ%&TGEQTFKPIFGXKEGUQT2%UOC[
PQV RTQRGTN[ QRGTCVG KP VJG FGXKEG
6JKUKUCTGUWNVQHXCTKQWUECWUGUKPENWF
KPIFKUEHQTOCVTGEQTFKPIOGVJQFCPF
EQPVCOKPCVKQPVQVJGFKUEQTNGPU
&KUE(QTOCV
&KUE6[RG
&KUE(QTOCV
&GXKEG5WRRQTV
%&
%&
/2
9/#
/2')##%
&65%&
%&41/
%&)
%&':64#
%&6':6
â
â
â
â
â
â
â
#WFKQl
'LVF
%&449%QORCVKDKNKV[
â˘
â˘
6JKU FGXKEG UWRRQTVU %&4 %&49
%CWVKQPUWRQP9TKVKPI%&U
â˘
CPF/2FKUEUDWTPGFKP#WFKQ%&HQT
TGEQTFGFOCMGUWTGVQENQUGVJGUGU
OCVU
UKQPDGHQTGTGEQTFKPI
6JG TGEQTFKPI QH %&4 CPF %&49
â˘
FKUEUYKVJVJKUFGXKEGKUPQVUWRRQTVGF
â˘
%&449FKUEUTGEQTFGFCUCWFKQ%&U
â˘
:#HQTOCV
â˘
6JKUFGXKEGUWRRQTVUCWFKQHKNGEQORTGUUGF
VJTQWIJ /2') CWFKQ UVTGCO NC[GT
+H/29/#HKNGGZVGPUKQPUCTGEJCPIGF
/2 WUKPIMDRU`MDRU %$4QT
8$4
+P VJG ECUG QH /29/# YTKVG WUKPI
(QT UVCDNG QRGTCVKQP VJG WUG QH HKNGU
QPN['PINKUJ 1VJGTNCPIWCIGUCTGPQV
D[VJKUFGXKEG
UWRRQTVGF
KPMDRU`MDRUDKVTCVGTCPIGCPF
7PCWVJQTK\GF WUG QH EQR[RTQVGEVGF
M*\5#/2.+0)HTGSWGPE[KUTGE
OWUKEHKNGUKURTQJKDKVGFD[NCY
QOOGPFGF
9JGPDWTPKPICFKUEQPC2%VJGFKUE
â˘
2TQNQPIGFWUGQH%&4%&49RTQF
OC[PQVQRGTCVGKPVJKUFGXKEGFGRGPF
WEVUVJCVFQPQVUCVKUH[TGNCVGFURGEKHKEC
KPI QP VJG UQHVYCTG UGVVKPIU +P UWEJ
VKQPUOC[TGUWNVKPRTQFWEVOCNHWPEVKQP
ECUGUKPSWKTGYKVJVJGUQHVYCTGOCPW
HCEVWTGT
#FFKVKQPCNKPHQTOCVKQPTGICTFKPIEQORCV
â˘
â˘
â˘
YCTGFKUEDQZ
â˘
8CTKCDNGDKVTCVGHKNGUOC[QRGTCVGDWV
9JGPYTKVKPI%&UNQYURGGFYTKVKPIKU
VJG RNC[ VKOG KPHQTOCVKQP OC[ PQV DG
TGEQOOGPFGF
RTQRGTN[FKURNC[GF
â˘
6JKUFGXKEGQPN[UWRRQTVUVTCEMUYKVJHKNG
GZVGPUKQPQHORQTYOC
â˘
&8&49FKUEUCTGPQVEQORCVKDNGYKVJ
VJKUFGXKEG
6JKUFGXKEGUWRRQTVU9/#CWFKQHKNGU
WUKPIMDRU`MDRU %$4QT8$4
KDKNKV[KUFKURNC[GFQPVJG%&449UQHV
â˘
2J[UKECNHQTOCVUQH%&/QFGN/QFGN
VJCVYGTGPQVHKPCNK\GFCTGPQVUWRRQTVGF
2%ETGCVGF&KUE%QORCVKDKNKV[
â˘
â˘
UWEJEQWNFTGUWNVKPOCNHWPEVKQPU
â˘
â˘
9JGP C OWNVKUGUUKQP FKUE KU DGKPI
%QORTGUUGF#WFKQ%QORCVKDKNKV[
6JKUFGXKEGFQGUPQVUWRRQTVOWNVKUGU
UKQPFKUEU
â˘
6JKUFGXKEGUWRRQTVUQPN[NC[GTHQNFGTU
â˘
6JKUFGXKEGUWRRQTVU/2+&VCIXGT
$GHQTG2NC[KPICP/2&KUE
UKQPUQH8GT8GT8GT8GT
5WRRQTVGF/2(KNG5RGEKHKECVKQP
QVJGTXGTUKQPUVJG+&KPHQYKNNPQVDG
â˘
â˘
#NVJQWIJ VJKU FGXKEG JCU DGGP FGUKI
/CZKOWOFKTGEVQT[NC[GTUNC[GTU
â˘
/CZKOWO HQNFGT NGPIVJ D[VGU HKNG
PCOGNGPIVJD[VGU
#EEGRVCDNG UVCPFCTF /2') #WFKQ
.C[GT
FKURNC[GF
â˘
â˘
5WRRQTVGFEJCTCEVGTUHQTHQNFGTPCOGHKNG
#EEGRVCDNG UCORNKPI HTGSWGPE[
PCOG#NRJCPWOGTKEEJCTCEVGTU-QTGCP
PCVGFVQDGEQORCVKDNGYKVJXCTKQWUDKV
UVCPFCTFEJCTCEVGTUGVEJCTCEVGTU
TCVGU RNC[KPI NQY DKV TCVG /2 VTCEMU
-*\
5KORNKHKGF%JKPGUGEJCTCEVGTU
OC[TGUWNVKPNQYSWCNKV[UQWPF
â˘
â˘
#EEGRVCDNGDKVTCVG` -DRU
â˘
/CZKOWO PWODGT QH HQNFGTU RGT FKUE
HQNFGTU KPENWFKPI4116
4GEQOOGPFGF$KV4CVGUCPF(TG
SWGPE[
â˘
â˘
/CZKOWOPWODGTQHHKNGURGTFKUE
HKNGU
5CORNKPI HTGSWGPE[ ` -DRU
HKZGFDKVTCVGM*\
2TGECWVKQPUWRQP$WTPKPI/2(KNGU
â˘
016+%'
⢠5WRRQTVGF+&VCIU+&X+&X
+&X+&X+&X+&X
⢠5WRRQTVGF/2/GFKC%&41/
⢠5WRRQTVGF OGFKC HQTOCVU +51
.'8'.CPF.'8'.
6JGWUGQH+51.'8'.,1.+'6
HQTOCVKUTGEQOOGPFGF
â˘
7RVQEJCTCEVGTUKP-QTGCP%JKPGUG
CTGUWRRQTVGFHQTHKNGPCOGUCPFWRVQ
EJCTCEVGTU KP -QTGCP%JKPGUG CTG
UWRRQTVGFHQTHQNFGTPCOGU
â˘
6JGWUGQH%&UGZEGGFKPI/$OC[
TGUWNVKPHCWNV[FKUETGEQIPKVKQPQTGTTQTU
WRQPRNC[
#WFKQl
&KUE
8GT 9JGP WUKPI FKUEU YKVJ
&GVCKNGF5RGEKHKECVKQP
'LVF
/2(KNG5VTWEVWTG
4GEQIPKVKQPQEEWTUVJTQWIJVJGUCOGHQNFGTUVTWEVWTGWUGFYKVJKPVJGFKUE
(QNFGTUVTWEVWTGCUUCXGFKP%&41/
(QNFGTUVTWEVWTGCUUCXGFKPVJGU[UVGO
&'0RGH
%DVLF0RGH6FUHHQ
0COG
&KURNC[UEWTTGPVN[QRGTCVKPIOQFG
6TCEM
6TCEMPWODGTQHEWTTGPVUQPI
4GRGCV
(TQO4GRGCV5JWHĆG5ECPFKURNC[UVJGEWTTGPVN[QRGT
CVKPIHWPEVKQP
6TCEM+PFGZ
5JQYUVJGEWTTGPVVTCEMVQVCNVTCEMU
2NC[6KOG
&KURNC[UVJGEWTTGPVRNC[VKOG
4GRGCV
4GRGCVUVJGEWTTGPVVTCEM
5JWHĆG
2NC[UFKUEVTCEMUKPTCPFQOQTFGT
5ECP
5ECPUVJGDGIKPPKPIRCTVUQHFKUEVTCEMU CRRTQZ
UGEQPFURGTVTCEM
+PHQ1HH
â˘
â˘
+PHQ1P
/GPW
&KURNC[U4GRGCV5JWHĆG5ECPCPF+PHQ1P +PHQ1HH
OGPWU
#TVKUV+PHQ
&KURNC[UCTVKUVKPHQHQTEWTTGPVUQPI 9KNNPQVDGFKU
RNC[GFKHVJGKPHQTOCVKQPFQGUPQVGZKUV
#NDWO+PHQ
&KURNC[UCNDWOKPHQHQTEWTTGPVUQPI 9KNNPQVDGFKU
RNC[GFKHVJGKPHQTOCVKQPFQGUPQVGZKUV
â˘
+PHQ1HHUJQYUQPN[VTCEMKPHQ
+PHQ1PUJQYUVTCEMKPHQCTVKUVCPFCNDWOKPHQ
âť'ORV[YJGPVJGTGKUPQEQTTGURQPFKPIKPHQTOCVKQP
2TGXKQWU6TCEM â˘
9JGPVJGRNC[VKOGKUWPFGTUGEQPFU/QXGUVQ
VJGRTGXKQWUVTCEM
9JGPVJGRNC[VKOGKUQXGTUGEQPFU2NC[UVJG
EWTTGPVUQPIHTQOVJGDGIKPPKPI
2NC[2CWUG
2NC[URCWUGUVJGEWTTGPVVTCEM
0GZV6TCEM
/QXGUVQVJGPGZVVTCEM
.KUV
/QXGUVQVJGVTCEMNKUVUETGGP
#WFKQl
%&/QFG
/QFG
5JWHĆG5ECP
FGUETKRVKQP
&'0RGH
+PHQTOCVKQP
6WDUWLQJ0RGH
â˘
2TGUUVJG 0(',$ MG[âś2TGUU
&'
%&OQFGYKNNCWVQOCVKECNN[UVCTVQPEGC
%&KUKPUGTVGF
(CUVHQTYCTFKPIQT4GYKPFKPI
%&6TCEMU
9JKNGRNC[KPIâś2TGUUCPFJQNFVJG
MG[ QXGT
UGEQPFU
2NC[KPIC%&
6JKUYKNNTGYKPFQTHCUVHQTYCTFVJGVTCEM
MG[ KU
9JKNG VJG
DGKPIRTGUUGFVJGVTCEMYKNNTGYKPFQTHCUV
HQTYCTFCVZURGGF
1PEGTGNGCUGFVJGVTCEMYKNNDGIKPRNC[KPI
CVPQTOCNURGGF
016+%'
â˘
1PN[IGPWKPGCWFKQ%&UCTGUWRRQTVGF
1VJGTFKUEUOC[TGUWNVKPTGEQIPKVKQPHCKN
â˘
2TGUUVJG Ô DWVVQPVQRNC[VJGVTCEM
WTG GIEQR[%&4%&UYKVJNCDGNU
â˘
2TGUUVJG OO DWVVQPVQRCWUGVJGVTCEM
5GCTEJKPI%&6TCEMU
2TGUU VJG
0HQX DWVVQP VQ UGV VJG
4GRGCV
2TGUUVJG 0HQX DWVVQPâś2TGUU
5HSHDW
TGRGCVUJWHHNGUECPCPF+PHQ1P+PHQ1HH
OGPWU
%&/QFG
6WTPVJG 670'MPQDâś5GCTEJVTCEMU
âś1PEGVJGFGUKTGFVTCEMPCOGKU
FKURNC[GFRTGUUVJG 670'MPQD
8VLQJWKH0HQX%XWWRQV
6JGEWTTGPVVTCEMKUTGRGCVGF
+PHQTOCVKQP
â˘
2TGUUVJG
5HSHDW DWVVQPCICKPVQVWTP
QHHTGRGCV+HPQVJKPIKUUGNGEVGFVJGPCNN
VTCEMUYKNNDGRNC[GFKPUGSWGPVKCNQTFGT
9JGPUGCTEJKPIVTCEMUVJGVTCEMPWODGT
KU FKURNC[GF KP QTCPIG 2TGUUKPI VJG
670' MPQD YKNN RNC[ VJG EQTTGURQPFKPI
5JWHĆG
2TGUUVJG 0HQX DWVVQPâś2TGUU
6KXIIOH
VTCEM
6TCEMUYKVJKPVJGFKUECTGRNC[GFKPTCP
+PHQTOCVKQP
â˘
FQOQTFGT
+HVJG 670'MPQDKUPQVRTGUUGFYKVJKP
UGEQPFUQHUGCTEJKPIVTCEMUVJGVTCEM
KPHQHQTVJGEWTTGPVVTCEMKUTGUVQTGF
+PHQTOCVKQP
â˘
2TGUUVJG
6KXIIOH DWVVQPCICKPVQVWTP
VJGUJWHHNGQRVKQPQHH
#WFKQl
&'0RGH
5ECP
+PHQ1P+PHQ1HH
2TGUUVJG 0HQX DWVVQPâś2TGUU
2TGUUVJG 0HQX DWVVQPâś2TGUU
,QIR2Q
6FDQ
6JGDGIKPPKPI CRRTQZUGEQPFU QHCNN
6JGCOQWPVQHKPHQTOCVKQPFKURNC[GFQP
VTCEMUYKVJKPVJG%&CTGUECPPGF
VJG UETGGP ECP DG UGNGEVGF 9JGP VJG
VKVNGCTVKUVCPFCNDWOKPHQCTGFKURNC[GF
+PHQTOCVKQP
â˘
2TGUUVJG
6FDQ DWVVQPCICKPVQVWTPVJG
UECPQRVKQPQHH
VJG DWVVQP YKNN CWVQOCVKECNN[ EJCPIG VQ
,QIR2II
2TGUU
,QIR2II VQTGUVQTGVJGRTGXKQWU
KPHQTOCVKQPFKURNC[UGVVKPI
+PHQTOCVKQP
â˘
#TVKUVCNDWOKPHQKUUWRRQTVGFYKVJKP6GZV
%&U
03&'0RGH
%DVLF0RGH6FUHHQ
0COG
/QFG
&KURNC[UEWTTGPVN[QRGTCVKPIOQFG
(QNFGT0COG
&KURNC[UHQNFGTPCOGHQTEWTTGPVĹżNG
(KNG0COG
&KURNC[UVJGPCOGQHVJGEWTTGPVĹżNG
4GRGCV5JWHĆG
(TQO4GRGCV5JWHHNG5ECPFKURNC[UVJGEWTTGPVN[QRGT
CVKPIHWPEVKQP
5ECP
(KNG+PFGZ
5JQYUVJGEWTTGPV/2ĹżNGVQVCNPWODGTQH/2ĹżNGU
2NC[6KOG
&KURNC[UVJGEWTTGPVRNC[VKOG
/GPW
&KURNC[U%QR[4GRGCV5JWHHNG5ECPCPF+PHQ1P +PHQ
1HH OGPWU
.KUV
/QXGUVQVJGNKUVUETGGP
#WFKQl
/2%&/QFG
&GUETKRVKQP
03&'0RGH
%DVLF0RGH6FUHHQ
0COG
%QR[
%QRKGUVJGEWTTGPVN[RNC[KPIĹżNGKPVQ/[/WUKE
4GRGCV
4GRGCVUVJGEWTTGPVĹżNG
5JWHĆG
2NC[UĹżNGUKPTCPFQOQTFGT
5ECP
5ECPUVJGDGIKPPKPIRCTVUQH/2ĹżNGU CRRTQZUGE
QPFURGTĹżNG
+PHQ1HH +PHQ1P
%JCPIGUVJGFKURNC[OGVJQFDGVYGGP+PHQ1HH+PHQ1P
⢠+PHQ1HHUJQYUHQNFGTPCOGſNGPCOG
⢠+PHQ1PUJQYUHQNFGTPCOGſNGPCOGVKVNGCTVKUVCPF
CNDWOKPHQ
&GUETKRVKQP
â˘
2TGXKQWUĹżNG
â˘
9JGPVJGRNC[VKOGKUWPFGTUGEQPFU/QXGUVQVJG
RTGXKQWUĹżNG
9JGP VJG RNC[ VKOG KU QXGT UGEQPFU 2NC[U VJG
EWTTGPVĹżNGHTQOVJGDGIKPPKPI
2NC[2CWUG
2NC[URCWUGUVJGEWTTGPVĹżNG
0GZVĹżNG
/QXGUVQVJGPGZVĹżNG
/LVW0HQX6FUHHQ
2CTGPV(QNFGT
/QXGUVQVJGRCTGPVHQNFGT
0QY2NC[KPI
9JGPOQXKPIVQCFKHHGTGPVNKUVUETGGPOQXGUVQVJGNKUV
RCIGYJGTGVJGEWTTGPVĹżNGKUNQECVGF
$GEQOGUFKUCDNGFYJGPVJGEWTTGPVNKUVKPENWFGUVJGEWTTGPV
ĹżNG
(QNFGT0COG
(QNFGTPCOGQHEWTTGPVNKUV
%WTTGPV5QPI
5JQYUEWTTGPVRNC[KPIĹżNGPCOG
.KUV(QEWU
%TGCVGUHQEWUWRQPQRGTCVKPI6WPG
$CEMDWVVQP
%QPXGTVUVQDCUKEOQFGUETGGP
2TGXKQWUNKUV
/QXGUVQVJGRTGXKQWUNKUV
.KUVRCIG
5JQYUEWTTGPVĹżNGNKUVRCIGVQVCNPWODGTQHRCIGU
0GZVNKUV
/QXGUVQVJGPGZVNKUV
#WFKQl
/2%&/QFG
/QXGUVQJQOGHQNFGT
&GUETKRVKQP
*QOG(QNFGT
0COG
03&'0RGH
6WDUWLQJ0RGH
+PHQTOCVKQP
â˘
2TGUUVJG 0(',$ MG[âś2TGUU
03
2NC[KPI/2
/2OQFGCWVQOCVKECNN[UVCTVUYJGPCP
/2FKUEKUKPUGTVGF
â˘
+HVJGTGCTGPWOGTQWUUQPIUCPFHQNFGTU
YKVJKPVJGFKUETGCFKPIVKOGEQWNFVCMG
OQTGVJCPUGEQPFUCPFVJGNKUVOC[
PQVDGFKURNC[GFQTUQPIUGCTEJGUOC[
PQVQRGTCVG1PEGNQCFKPIKUEQORNGVGVT[
CICKP
â˘
1PN[IGPWKPGCWFKQ%&UCTGUWRRQTVGF
â˘
â˘
1VJGTFKUEUOC[TGUWNVKPTGEQIPKVKQPHCKN
â˘
WTG GIEQR[%&4%&UYKVJNCDGNU
2TGUUVJG Ô DWVVQPVQRNC[VJGHKNG
2TGUUVJG OO DWVVQPVQRCWUGVJGHKNG
7UKPI/GPWUYKVJKP.KUV5ETGGP
5GCTEJKPI/2(KNGU
5GNGEVKPIHTQOVJG/QFG5ETGGP
2TGUUVJG /LVW DWVVQPâś5GNGEVVJG
HKNGHTQOVJGNKUV
6WTPVJG 670'MPQDâś5GCTEJHKNGUâś
1PEGVJGFGUKTGFHKNGPCOGKUFKURNC[GF
RTGUUVJG 670'MPQD
(CUVHQTYCTFKPIQT4GYKPFKPI/2
(KNGU
9JGPUGCTEJKPIHKNGURTGUUKPIVJG 670'
â˘
2TGUU VJG
â˘
UGNGEVVJGRTGXKQWUQTPGZVHKNG
2TGUUKPI CPF JQNFKPI VJG
MG[ VQ
MG[YKNNTGYKPFQTHCUVHQTYCTF
VJGEWTTGPVHKNG
9JKNG RNC[KPI âś2TGUU CPF JQNF VJG
M G [ Q X G T
UGEQPFU
MPQDYKNNRNC[VJGHKNGJKIJNKIJVGFKPQTCPIG
+PHQTOCVKQP
â˘
+HVJGTGCTGPQQRGTCVKQPUYKVJKPUGE
QPFUKPHQQPVJGEWTTGPVUQPIYKNNDGTG
6JKUYKNNTGYKPFQTHCUVHQTYCTFVJGHKNG
MG[ KU
9JKNG VJG
FKURNC[GF
DGKPIRTGUUGFVJGHKNGYKNNTGYKPFQTHCUV
HQTYCTFCVZURGGF
1PEGTGNGCUGFVJGHKNGYKNNDGIKPRNC[KPICV
PQTOCNURGGF
#WFKQl
/2%&/QFG
5GNGEVKPI/2ĹżNGU
03&'0RGH
8VLQJWKH0HQX%XWWRQV
+PHQTOCVKQP
â˘
2TGUUVJG 0HQX DWVVQPVQUGVVJGEQR[
%QRKGF CPF UCXGF HKNGU ECP DG RNC[GF
5JWHĆG
2TGUUVJG 0HQX DWVVQPâś2TGUU
6KXIIOH
YKVJKP/[/WUKEOQFG
TGRGCV UJWHHNG UECP CPF +PHQ 1P1HH
QRVKQPU
4GRGCV
'CEJVKOGVJGDWVVQPKURTGUUGFVJGQRVKQP
KUEJCPIGFHTQO5JWHHNG(QNFGT â5JWHHNG
2TGUUVJG 0HQX DWVVQPâś2TGUU
5HSHDW
#NNâ 1HH 4GRGCV#NN
'CEJVKOGVJGDWVVQPKURTGUUGFVJGQRVKQP
KU EJCPIGF HTQO 4GRGCV 1PEG â 1HH
â˘
4GRGCV#NN
+PHQTOCVKQP
5JWHHNG(QNFGTRNC[UHKNGUKPEWTTGPVHQNFGT
KPTCPFQOQTFGT
â˘
5JWHHNG#NNRNC[UCNNHKNGUKP&+5%KPTCP
FQOQTFGT
+PHQTOCVKQP
%QR[
2TGUUVJG 0HQX DWVVQPâś2TGUU
&RS\
â˘
4GRGCV1PEGTGRGCVUVJGEWTTGPVHKNG
â˘
4GRGCV(QNFGTTGRGCVUCNNHKNGUKPEWTTGPV
HQNFGT
5ECP
2TGUUVJG 0HQX DWVVQPâś2TGUU
6FDQ
6JG EWTTGPVN[ RNC[KPI HKNG KU EQRKGF CPF
UCXGFKP/[/WUKE
'CEJVKOGVJGDWVVQPKURTGUUGFVJGQRVKQP
KUEJCPIGFHTQO(QNFGT5ECP â 5ECP#NN
â1HH 4GRGCV#NN
+PHQTOCVKQP
â˘
(QNFGT5ECPUECPUHKNGUKPEWTTGPVHQNFGT
â˘
5ECP#NNUECPUCNNHKNGUKPVJGFKUE
8VLQJ0HQXVZLWKLQWKH
/LVW6FUHHQ
2TGUUVJG
SWKEMN[HKPFVJGFGUKTGFRCIG
/LVW DWVVQPâś2TGUUVJG
Ô Ô˘ DWVVQPU
+PHQTOCVKQP
â˘
#NCIOC[QEEWTKPFKURNC[KPIVJGRTGXK
QWUPGZVNKUVRCIGFGRGPFKPIQPVJGHKNG
6JGCOQWPVQHKPHQTOCVKQPFKURNC[GFQP
PCOGQTHKNGUK\G
VJGUETGGPECPDGEJCPIGF
9JGPVJGVKVNGCTVKUVCPFCNDWOKPHQCTG
FKURNC[GF VJG DWVVQP YKNN CWVQOCVKECNN[
EJCPIGVQ ,QIR2II
2TGUU ,QIR2II VQTGUVQTGVJGRTGXKQWU
KPHQTOCVKQPFKURNC[UGVVKPI
016+%'
â˘
6JG VKVNG CTVKUV CPF CNDWO KPHQ CTG FKU
RNC[GF QPN[ YJGP UWEJ KPHQTOCVKQP KU
TGEQTFGFYKVJKPVJG/2HKNG+&VCI
#WFKQl
/2%&/QFG
2TGUUVJG 0HQX DWVVQPâś2TGUU
,QIR2Q
UCOGHQNFGTVJGNKUVYKNNDGFKURNC[GFCETQUU
VYQQTOQTGRCIGU
2TGUU VJG Ô Ô˘ EWTUQT DWVVQPU VQ
/QXKPIDGVYGGP.KUVU
+PHQ1P+PHQ1HH
+HHKXG QTOQTGHKNGUQTHQNFGTUGZKUVKPVJG
03&'0RGH
/QXKPIDGVYGGP(QNFGTU
DWVVQPâś5GNGEVHQNFGT
2TGUUVJG
HTQOVJGHQNFGTNKUV
+PHQTOCVKQP
â˘
4GVWTPKPIVQ%WTTGPV.QECVKQP
+HVJGTGCTGPQOQTGRCTGPVHQNFGTUDQVJ
+RPH
DWVVQPUYKNNDGFKUCDNGF
9JKNGUGCTEJKPIHKNGUYKVJKPQVJGTHQNFGTU
RTGUUVJG 1RZ3OD\LQJ DWVVQPVQTGVWTP
VQVJGEWTTGPVN[RNC[KPIHKNGUETGGP
2TGUUKPIVJG
DWVVQPYKNNOQXGVQVJG
HQNFGTQPGNGXGNCDQXGVJGEWTTGPVHQNFGT
2TGUUKPI VJG +RPH DWVVQP HQNFGT YKNN
OQXGVQVJGTQQVHQNFGT
86%0RGH
$ERXW86%
$GHQTG2NC[KPIC75$/2
6JKUFGXKEGTGEQIPK\GU75$FGXKEGUHQTOCVVGFKP(#6HKNG
HQTOCVU6JKUFGXKEGFQGUPQVTGEQIPK\GHKNGUKP06(5HKNGHQTOCV
%QPPGEVVJG75$FGXKEGCHVGTVWTPKPIQPVJGGPIKPG6JG75$
FGXKEGOC[DGEQOGFCOCIGFKHKVKUCNTGCF[EQPPGEVGFYJGPVJG
KIPKVKQPKUVWTPGFQP
6CMGECWVKQPUQVJCVVJG75$EQPPGEVQTFQGUPQVEQOGKPEQPVCEV
YKVJDQF[RCTVUQTQDLGEVU
(KNGUVJCVCTGPQVUVCPFCTFHQTOCVOWUKEKOCIGHKNGUYKNNPQVDG
RNC[GF
4GRGCVGFEQPPGEVKPIFKUEQPPGEVKPIQH75$FGXKEGUYKVJKPUJQTVRGTK
QFUQHVKOGOC[TGUWNVKPRTQFWEVOCNHWPEVKQP
(QT/29/#HKNGUQPN[OWUKEHKNGUYKVJEQORTGUUKQPTCVGUDGVYGGP
-DRU`-DRUECPDGRNC[GF
/CMGUWTGVQEQPPGEVFKUEQPPGEVGZVGTPCN75$FGXKEGUYKVJVJGCW
FKQRQYGTVWTPGFQHH
*GGFECWVKQPVQUVCVKEGNGEVTKEKV[YJGPEQPPGEVKPIFKUEQPPGEVKPIGZ
VGTPCN75$FGXKEGU
6JGCOQWPVQHVKOGTGSWKTGFVQTGEQIPK\GVJGGZVGTPCN75$FGXKEG
OC[FKHHGTFGRGPFKPIQPVJGV[RGUK\GQTHKNGHQTOCVUUVQTGFQPVJG
75$5WEJFKHHGTGPEGUKPTGSWKTGFVKOGCTGPQVKPFKECVKQPUQHOCN
HWPEVKQP
'PEQFGF/22NC[GTUYKNNPQVDGTGEQIPK\GFYJGPEQPPGEVGFCUCP
GZVGTPCNFGXKEG
9JGPEQPPGEVKPICPGZVGTPCN75$FGXKEGVJGFGXKEGOC[PQVRTQR
GTN[TGEQIPK\GVJG75$KUKPUQOGUVCVGU
1PN[RTQFWEVUHQTOCVVGFYKVJD[VGUGEVQTUWPFGT-D[VGYKNNDGTGE
QIPK\GF
6JGWUGQH75$FGXKEGUHQTRWTRQUGUQVJGTVJCPRNC[KPIOWUKECPF
KOCIGHKNGUKURTQJKDKVGF
&QPQVWUGVJG75$+(VQEJCTIGDCVVGTKGUQT75$CEEGUUQTKGUVJCV
IGPGTCVGJGCV5WEJCEVUOC[NGCFVQYQTUGPGFRGTHQTOCPEGQT
FCOCIGVQVJGFGXKEG
#WFKQl
75$/QFG
5QOG75$FGXKEGUOC[PQVDGUWRRQTVGFFWGVQEQORCVKDKNKV[KU
UWGU
86%0RGH
6JGFGXKEGOC[PQVTGEQIPK\GVJG75$FGXKEGKHUGRCTCVGN[RWT
EJCUGF75$JWDUCPFGZVGPUKQPECDNGUCTGDGKPIWUGF%QPPGEVVJG
75$FKTGEVN[YKVJVJGOWNVKOGFKCVGTOKPCNQHVJGXGJKENG
75$OGOQT[UVKEMUWUGFD[EQPPGEVKPICP#FCRVQT 5&6[RGQT%(
6[RG OC[PQVDGRTQRGTN[TGEQIPK\GF
1PN[WUG2NWIV[RGEQPPGEVQTRTQFWEVUCUUJQYPKPVJGHKIWTGDGNQY
9JGPWUKPIOCUUUVQTCIG75$FGXKEGUYKVJUGRCTCVGNQIKECNFTKXGU
QPN[HKNGUUCXGFVQVJGTQQVFTKXGECPDGRNC[GF
9JGPCRRNKECVKQPRTQITCOUCTGKPUVCNNGFVQURGEKHKE75$UHKNGUOC[
PQVRTQRGTN[RNC[
2NWI6[RG%QPPGEVQT
6JGFGXKEGOC[PQVQRGTCVGPQTOCNN[KH/22NC[GTUEGNNWNCTRJQPGU
FKIKVCNECOGTCUQTQVJGTGNGEVTQPKEFGXKEGU 75$FGXKEGUPQVTGEQI
PK\GFCURQTVCDNGFKUMFTKXGU CTGEQPPGEVGFYKVJVJGFGXKEG
2TQFWEV0COG
%JCTIKPIVJTQWIJVJG75$OC[PQVYQTMHQTUQOGOQDKNGFGXKEGU
6JGFGXKEGOC[PQVUWRRQTVPQTOCNQRGTCVKQPYJGPWUKPIC75$
OGOQT[V[RGDGUKFGU/GVCN%QXGT6[RG75$/GOQT[
6JGFGXKEGOC[PQVUWRRQTVPQTOCNQRGTCVKQPYJGPWUKPIHQTOCVU
UWEJCU*&&6[RG%(QT5&/GOQT[
/CPWHCEVWTGT
:6+%-
.)
$/-
$/-6GEJPQNQI[
5-;&48
5M[&KIKVCN
64#05%'0&,GV(NCUJ
6TCPUEGPF
5CPFKUM%TW\GT
5CP&KUM
/KETQ<[475
<[475
0':6+-
&KIKYQTMU
7RQPRNC[KPIK2QFURNGCUGWUGCFGFKECVGFK2QFECTECDNG
0QTOCNQRGTCVKQPUECPPQVDGIWCTCPVGGFYJGPQVJGTECDNGUCTGDG
KPIWUGF
+PHQTOCVKQP
â˘
2TQDNGOUVJCVQEEWTVJTQWIJWUGQH75$FGXKEGUPQVNKUVGFYKVJKP
VJGCDQXGVCDNGCTGPQVEQXGTGFD[VJGRTQFWEVYCTTCPV[
6JGFGXKEGYKNNPQVUWRRQTVHKNGUNQEMGFD[&4/ &KIKVCN4KIJVU
/CPCIGOGPV
75$/2+PHQTOCVKQPCPF2TGECWVKQPU
0COG
5RGEKĹżECVKQP/2')#7&+1.#;'4
75$/QFG
/2(KNG
5RGEKĹżECVKQP
&GUETKRVKQP
#EEGRVCDNGUCORNKPIHTGSWGPE[ -*\
4GEQOOGPFGF
#EEGRVCDNGDKVTCVG
$KV4CVGUCPF5CO
-DRU
RNKPI(TGSWGPE[
-DRUĹżZGFDKVTCVG-*\
+&6CI
5WRRQTVU+&XCPF+&X+&X+&X
+&X+&VCIU
&GVCKNGF
5RGEKĹżECVKQPU
/CZKOWOFKTGEVQT[NC[GTUNC[GTU
/CZKOWONGPIVJQHHQNFGTPCOGĹżNGPCOGX$[VGU
5WRRQTVGFEJCTCEVGTUHQTHQNFGTPCOGHKNGPCOG#N
RJCPWOGTKEEJCTCEVGTU-QTGCPUVCPFCTFEJCTCEVGTUGV
EJCTCEVGTU5KORNKĹżGF%JKPGUGEJCTCEVGTU
/CZKOWOPWODGTQHHQNFGTUYJKEJECPDGUVQTGF
QPVQQPG75$HQNFGTU KPENWFKPI4116
/CZKOWOPWODGTQHĹżNGUYJKEJECPDGUVQTGFQPVQ
QPG75$
+PHQTOCVKQP
â˘
6JGUQWPFSWCNKV[QH/2HKNGUVJCVWUGDKVTCVGUGZEGGFKPI
-DRUECPPQVDGIWCTCPVGGF9JGPWUKPIHKNGUYKVJQWVHKZGFDKV
TCVGUUQOGHGCVWTGU ((4'9HGCVWTGU OC[PQVRTQRGTN[QRGTCVG
#WFKQl
86%0RGH
%DVLF0RGH6FUHHQ
75$/WUKE/QFG
0COG
/QFG
&KURNC[UEWTTGPVN[QRGTCVKPIOQFG
(QNFGT0COG
&KURNC[UVJGPCOGQHVJGEWTTGPVHQNFGT
(KNG0COG
&KURNC[UVJGPCOGQHVJGEWTTGPVĹżNG
4GRGCV5JWHĆG
(TQO4GRGCV5JWHHNG5ECPFKURNC[UVJGEWTTGPVN[
QRGTCVKPIHWPEVKQP
5ECP
&GUETKRVKQP
2NC[6KOG
&KURNC[UVJGEWTTGPVRNC[VKOGVQVCNRNC[VKOG
(KNG+PFGZ
5JQYUVJGEWTTGPVĹżNGVQVCNĹżNGUYKVJKPVJG75$
/GPW
&KURNC[U%QR[4GRGCV5JWHĆG5ECPCPF+PHQ1P
+PHQ1HH OGPWU
.KUV
/QXGUVQVJGNKUVUETGGP
%QR[
%QRKGUVJGEWTTGPVN[RNC[KPIĹżNGKPVQ/[/WUKE
4GRGCV
4GRGCVUVJGEWTTGPVĹżNG
5JWHĆG
2NC[UĹżNGUKPTCPFQOQTFGT
5ECP
5ECPUVJGDGIKPPKPIRCTVUQH75$ĹżNGU CRRTQZ
UGEQPFURGTĹżNG
&GUETKRVKQP
â˘
+PHQ1HH +PHQ1P â˘
â˘
2TGXKQWU(KNG
â˘
+PHQ1HHUJQYUHQNFGTPCOGĹżNGPCOG
+PHQ 1P UJQYU HQNFGT PCOG HKNG PCOG VKVNG
CTVKUVCPFCNDWOKPHQ
9JGPVJGRNC[VKOGKUWPFGTUGEQPFU/QXGU
VQVJGRTGXKQWUĹżNG
9JGPVJGRNC[VKOGKUQXGTUGEQPFU2NC[UVJG
EWTTGPVĹżNGHTQOVJGDGIKPPKPI
2NC[2CWUG
2NC[URCWUGUVJGEWTTGPVĹżNG
0GZV(KNG
/QXGUVQVJGPGZVĹżNG
#WFKQl
75$/QFG
0COG
86%0RGH
75$+OCIG/QFG
0COG
&GUETKRVKQP
/QFG
&KURNC[UEWTTGPVN[QRGTCVKPIOQFG
(QNFGT0COG
&KURNC[UHQNFGTPCOGYJGTGKOCIGKUNQECVGF
(KNG0COG
0COGQHKOCIGĹżNG
(KNG+PFGZ
5JQYUVJGEWTTGPVKOCIGĹżNGVQVCNKOCIGĹżNGUYKVJKP
VJG75$
/GPW
&KURNC[U5NKFGUJQY4QVCVG+OCIG#FLWUV+OCIG
5K\G5CXG+OCIGCPF+PHQOGPWU 2TGUUVJGDWVVQP
CICKPVQJKFGVJGDWVVQPU
2TGXKQWU+OCIG
5JQYURTGXKQWUKOCIG
0GZV+OCIG
5JQYUPGZVKOCIG
.KUV
/QXGUVQVJGNKUVUETGGP
5NKFGUJQY
8KGYKOCIGUCUUNKFGUJQYKPUGEQPF
KPVGTXCNU
4QVCVG+OCIG
4QVCVGKOCIGKPENQEMYKUGFKTGEVKQP
#FLWUV+OCIG5K\G 'PNCTIGTGFWEG \QQOKP\QQOQWV KOCIGUK\G
5CXG+OCIG
#FFKOCIGCUHTCOGUETGGPFKURNC[GFYJGPVJGU[U
VGORQYGTKUVWTPGFQHH
+PHQ
5JQYUVJGĹżNGPCOGTGUQNWVKQPCPFĹżNGV[RGQHEWT
TGPVKOCIG
0HQX/LVW6FUHHQ
/WUKE
5JQYUVJG/WUKENKUV &KUCDNGFYJGP/WUKENKUVFQGU
PQVGZKUV
+OCIG
5JQYUVJG+OCIGNKUV &KUCDNGFYJGP+OCIGNKUVFQGU
PQVGZKUV
*QOG(QNFGT
/QXGUVQJQOGHQNFGT
2CTGPV(QNFGT
/QXGUVQVJGRCTGPVHQNFGT
0QY2NC[KPI
9JGP OQXKPI VQ C FKHHGTGPV NKUV UETGGP OQXGU
VQVJGNKUVRCIGYJGTGVJGEWTTGPVHKNGKUNQECVGF
$GEQOGUFKUCDNGFYJGPVJGEWTTGPVNKUVKPENWFGUVJG
EWTTGPVĹżNG
(QNFGT0COG
(QNFGTPCOGQHEWTTGPVNKUV
%WTTGPV5QPI
5JQYUEWTTGPVRNC[KPIĹżNGPCOG
$CEM$WVVQP
%QPXGTVUVQDCUKEOQFGUETGGP
2TGXKQWU.KUV
/QXGUVQVJGRTGXKQWUNKUV
.KUV2CIG
5JQYUEWTTGPVĹżNGNKUVRCIGVQVCNPWODGTQHRCIGU
0GZV.KUV
/QXGUVQVJGPGZVNKUV
&GUETKRVKQP
#WFKQl
75$/QFG
0COG
86%0RGH
6WDUWLQJ86%0XVLF0RGH
+PHQTOCVKQP
â˘
2TGUUVJG 0(',$ MG[âś2TGUU
86%0XVLF
2NC[KPI75$/WUKE
1PEG C 75$ KU EQPPGEVGF 75$ /WUKE
OQFGYKNNQRGTCVGCWVQOCVKECNN[
â˘
+H C RTGXKQWUN[ RNC[GF 75$ KU TGEQP
PGEVGF VJGP VJG UQPI CHVGT VJG OQUV
TGEGPVN[RNC[GFUQPIKURNC[GF*QYGXGT
KHCFKHHGTGPV75$KUEQPPGEVGFQTVJGHKNG
KPHQTOCVKQPYKVJKPVJG75$YCUEJCPIGF
VJGP VJG 75$ HKNG QTFGT KPHQTOCVKQP KU
FGNGVGFCPFYKNNUVCTVRNC[KPIHTQOVJGHKTUV
â˘
2TGUUVJG Ô DWVVQPVQRNC[VJG75$
â˘
/WUKE
2TGUU VJG OO DWVVQP VQ RCWUG 75$
UQPIYKVJKPVJG75$
/WUKE
+HVJG75$KUPQVEQPPGEVGFVJGPVJG
86%0XVLF DWVVQPYKNNDGFKUCDNGF
5GCTEJKPI75$/WUKE(KNGU
â˘
6JG ! DWVVQPUFKURNC[GFQPVJG
UETGGPCNNQY[QWVQUGNGEVVJGRTGXKQWU
2TGUUVJG 0HQX DWVVQPVQUGVVJG%QR[
PGZVHKNG6JGUGDWVVQPUYKNNPQVTGYKPFQT
4GRGCV5JWHHNG5ECP+PHQ1P +PHQ1HH
HCUVHQTYCTFVJGHKNG
OGPWU
2TGUUKPI CPF JQNFKPI VJG
â˘
â˘
8VLQJWKH0HQX%XWWRQV
MG[ QXGT UGEQPFU YKNN
TGYKPFQTHCUVHQTYCTFVJGEWTTGPVHKNG
MG[ KU
9JKNG VJG
DGKPIRTGUUGFVJGVTCEMYKNNTGYKPFQT
%QR[
2TGUUVJG 0HQX DWVVQPâś2TGUU
&RS\
HCUVHQTYCTFCVJKIJURGGFU1PEGVJG
MG[ KU TGNGCUGF VJG 75$ /WUKE YKNN
6JG EWTTGPVN[ RNC[KPI HKNG KU EQRKGF CPF
DGIKPRNC[KPICVPQTOCNURGGF
UCXGFKP/[/WUKE
#WFKQl
75$/QFG
9JKNG2NC[KPIâś2TGUUVJG !
DWVVQPUQTVJG
MG[
VQRNC[VJGRTGXKQWUPGZVHKNG
+PHQTOCVKQP
86%0RGH
+PHQTOCVKQP
â˘
%QRKGF CPF UCXGF HKNGU ECP DG RNC[GF
YKVJKP/[/WUKEOQFG
4GRGCV
2TGUUVJG 0HQX DWVVQPâś2TGUU
5HSHDW
+PHQTOCVKQP
â˘
TGPVHQNFGTKPTCPFQOQTFGT
â˘
016+%'
⢠6KOGTGSWKTGFVQEQR[HKNGUKPVQ/[/WUKE
KU CRRTQZKOCVGN[ UGEQPFU RGT 75$
/2HKNG OD [GVVJKUOC[UNKIJVN[FKHHGT
FGRGPFKPIQPVJGHKNGUK\GCPFU[UVGOEQP
FKVKQPU
⢠6KOGTGSWKTGFVQEQR[HKNGUKPVQ/[/WUKE
KUCRRTQZKOCVGN[OKPWVGCPFUGEQPFU
RGT%&/2HKNG[GVVJKUOC[UNKIJVN[FKH
HGTFGRGPFKPIQPVJGHKNGUK\GCPFU[UVGO
EQPFKVKQPU
⢠9JGPEQR[KPIKUKPRTQITGUU#8$NWGVQQVJ
CPF8QKEG4GEQIPKVKQPHGCVWTGUECPPQVDG
WUGF
â˘
'CEJVKOGVJGDWVVQPKURTGUUGFVJGQRVKQP
KUEJCPIGFHTQO4GRGCV1PEG â4GRGCV
(QNFGTâ1HH 4GRGCV#NN
+PHQTOCVKQP
â˘
4GRGCV1PEG4GRGCVUVJGEWTTGPVHKNG
â˘
4GRGCV(QNFGT4GRGCVUCNNHKNGUKPEWTTGPV
5ECP
2TGUUVJG 0HQX DWVVQPâś2TGUU
6FDQ
HQNFGT
'CEJVKOGVJGDWVVQPKURTGUUGFVJGQRVKQP
KUEJCPIGFHTQO(QNFGT5ECP â 5ECP#NN
â1HH 4GRGCV#NN
5JWHĆG
2TGUUVJG 0HQX DWVVQPâś2TGUU
6KXIIOH
+PHQTOCVKQP
â˘
(QNFGT5ECP5GCTEJGUHKNGUYKVJKPVJG
EWTTGPVHQNFGT
'CEJVKOGVJGDWVVQPKURTGUUGFVJGQRVKQP
KUEJCPIGFHTQO5JWHHNG(QNFGT â5JWHHNG
#NNâ 1HH 4GRGCV#NN
5JWHHNG#NN2NC[UHKNGUYKVJKPVJG75$KP
TCPFQOQTFGT
9JGP EQR[KPI KU KP RTQITGUU #8 CPF
$NWGVQQVJHGCVWTGUECPPQVDGWUGF
5JWHHNG(QNFGT2NC[UHKNGUYKVJKPVJGEWT
â˘
5ECP#NN5ECPUHKNGUYKVJKPVJG75$KP
TCPFQOQTFGT
+PHQ1P+PHQ1HH
2TGUUVJG 0HQX DWVVQPâś2TGUU
,QIR2Q
6WDUWLQJ86%,PDJH0RGH
9JKNGRNC[KPIâś2TGUUVJG !
DWVVQPUVQXKGYVJGRTGXKQWUPGZVKOCIG
75$/QFG
2TGUUVJG 0(',$ MG[âś2TGUU
86%,PDJH
5GCTEJKPI75$+OCIG(KNGU
6JGUETGGPFKURNC[ECPDGUGVFKHHGTGPVN[
FGRGPFKPIQPWUGTUGNGEVKQP
9JGP VJG VKVNG CTVKUV CPF CNDWO KPHQ
CTG FKURNC[GF VJG DWVVQP KU EJCPIGF VQ
,QIR2II
2TGUU
,QIR2II VQTGUVQTGVJGRTGXKQWU
KPHQTOCVKQPFKURNC[UGVVKPI
+PHQTOCVKQP
â˘
6JGVKVNGCTVKUVCPFCNDWOKPHQCTGFKU
RNC[GF QPN[ YJGP UWEJ KPHQTOCVKQP KU
+PHQTOCVKQP
â˘
2TGUUVJG
/LVW DWVVQPVQXKGYVJGNKUVQH
75$KOCIGU
TGEQTFGFYKVJKPVJG/2HKNG+&VCI
016+%'
â˘
6JG VKVNG CTVKUV CPF CNDWO KPHQ CTG FKU
RNC[GF QPN[ YJGP UWEJ KPHQTOCVKQP KU
TGEQTFGFYKVJKPVJG/2HKNG+&VCI
#WFKQl
86%0RGH
8VLQJWKH0HQX%XWWRQV
2TGUU VJG 0HQX DWVVQP VQ UGV VJG
5NKFGUJQY4QVCVG+OCIG#FLWUV+OCIG
5K\G5CXG+OCIGCPF+PHQOGPWU
5NKFGUJQY+PVGTXCN
4QVCVKPI+OCIG
2TGUUVJG 0HQX DWVVQPâś2TGUU
6OLGHVKRZ
2TGUUVJG 0HQX DWVVQPâś2TGUU
5RWDWH,PDJH âś2TGUU 'RQH
+OCIG UNKFGUJQY KPVGTXCNU ECP DG UGV CV
VHF VHF VHF QT VHF KPVGT
'CEJVKOGVJG 5RWDWH DWVVQPKURTGUUGF
VJGKOCIGKUTQVCVGFHTQOĹâĹâĹ
XCNU
â ĹFGITGGU
+PHQTOCVKQP
â˘
4QVCVGFKOCIGUCTGPQVUCXGF
â˘
6JGKOCIGYKNNDGTGUVQTGFVQKVUQTKIKPCN
RQUKVKQPYJGPTGVWTPKPIVQKVCHVGTXKGYKPI
CFKHHGTGPVKOCIG
#FLWUVKPI+OCIG5K\G
2TGUUVJG 0HQX DWVVQPâś2TGUU
$GMXVW,PDJH6L]H âś2TGUU 'RQH
+PHQTOCVKQP
â˘
'PNCTIGF QT TGFWEGF KOCIGU CTG PQV
UCXGF6JGKOCIGYKNNTGUVQTGKVUQTKIKPCN
5CXKPI+OCIG
2TGUUVJG 0HQX DWVVQPâś2TGUU
6DYH,PDJH
FKHHGTGPVKOCIG
â˘
+HVJGKOCIGECPPQVDGHWNN[FKURNC[GFQP
+PHQTOCVKQP
â˘
(QT FGVCKNU QP WUKPI VJG RKEVWTG HTCOG
VJGUETGGPVQWEJVJGKOCIGVQOQXGVJG
TGHGTVQVJG2KEVWTG(TCOG5GVVKPIUYKVJKP
UETGGP
5GVWR
8KGYKPI+PHQ
2TGUUVJG DWVVQPUVQGPNCTIGQT
TGFWEGVJGKOCIGUK\G6JGUECNGECPDG
2TGUUVJG 0HQX DWVVQPâś2TGUU ,QIR
EJCPIGFVQZZZZZ
6JKUOGPWKUWUGFVQEJGEMKOCIGKPHQTOC
VKQPUWEJCUVJGKOCIGTGUQNWVKQPCPFHKNG
V[RG
#WFKQl
75$/QFG
UK\GYJGPTGVWTPKPIVQKVCHVGTXKGYKPIC
L3RG0RGH
8VLQJL3RG'HYLFHV
K2QFsKUCTGIKUVGTGFVTCFGOCTMQH#RRNG+PE
K2QFOQFGYKNNPQVQRGTCVGKHVJGEQPPGEVGFK2QFECPPQVDGTGEQIPK\GF
FWGVQQRGTCVKQPQHWPUWRRQTVGFXGTUKQPUVJCVFQPQVUWRRQTVTGNCVGF
RTQVQEQNUK2QFCDPQTOCNKVKGUQTK2QFFGXKEGFGHGEVU5QOGK2QFUYKVJ
WPUWRRQTVGFEQOOWPKECVKQPRTQVQEQNUOC[PQVRTQRGTN[QRGTCVGYKVJ
VJG0CXKICVKQPU[UVGO
(QTHKHVJIGPGTCVKQPK2QF0CPQFGXKEGUVJGK2QFOC[PQVDGTGEQI
PK\GFYJGPVJGDCVVGT[NGXGNKUNQY2NGCUGEJCTIGVJGK2QFHQTWUG
5GCTEJRNC[QTFGTUUJQYPYKVJKPVJGK2QFFGXKEGOC[FKHHGTYKVJVJG
QTFGTUUJQYPYKVJKPVJG0CXKICVKQPU[UVGO
+HVJGK2QFOCNHWPEVKQPUFWGVQCPK2QFFGXKEGFGHGEVTGUGVVJGK2QF
CPFVT[CICKP 6QNGCTPOQTGTGHGTVQ[QWTK2QFOCPWCN
(QTUQOGK2QF6QWEJCPFK2JQPGFGXKEGUEQPPGEVKPI$NWGVQQVJs
YJKNGVJGK2QFKUQRGTCVKPIOC[TGUWNVKPFKUEQPVKPWGFK2QFUQWPF
9JGPUWEJFGXKEGUYKVJ$NWGVQQVJsUWRRQTVCTGEQPPGEVGFVJKURTQD
NGOQEEWTUCUVJGUQWPFUQWTEGKUEJCPIGFHTQOVJG&QEM%QPPGEVQT
75$EQPPGEVQTECDNG VQ$NWGDKTF $NWGVQQVJs/QFWNG
6QNKUVGPVQVJGK2QFUQWPFTGEQPPGEVVJG75$ECDNGQTGZKVVJGPTG
GPVGTK2QFOQFG
+PQTFGTVQWUGVJGK2QFYJKNGQRGTCVKPIVJGMG[U[QWOWUVWUGCFGFK
ECVGFK2QFECDNG VJGECDNGVJCVKUUWRRNKGFYJGPRWTEJCUKPIK2QF
K2JQPGRTQFWEVU
âť &WTKPI#%%10UVCVGEQPPGEVKPIVJGK2QFVJTQWIJVJGK2QFECDNG
6JGECDNGVJCVKUUWRRNKGFYJGPRWTEJCUKPIK2QFK2JQPGRTQFWEV
YKNNEJCTIGVJGK2QFVJTQWIJVJGJGCFWPKV
âť6JGWUGQHIGPWKPGK2QFECDNGUUWRRNKGFD[#RRNGKUTGEQO
OGPFGF 6JGWUGQHQVJGTRTQFWEVUOC[TGUWNVKPPQKUG
QTCDPQTOCNQRGTCVKQP
9JGPEQPPGEVKPIYKVJVJGK2QFECDNGOCMGUWTGVQHWNN[KPUGTVVJGLCEM
VQRTGXGPVEQOOWPKECVKQPKPVGTHGTGPEG+HVJGK2QFKUEQPPGEVGFVQVJG
XGJKENGYJKNGKVKURNC[KPICJKIJRKVEJVQPGOC[UQWPFHQTCDQWV`
UGEQPFUKOOGFKCVGN[CHVGTEQPPGEVKQP+HRQUUKDNGEQPPGEVVJGK2QFVQ
VJGXGJKENGYKVJVJGK2QFUVQRRGFRCWUGF
9KVJKPK2JQPGUUVTGCOKPICWFKQCPFK2QFEQPVTQNOC[QEECUKQPCNN[
EQPHNKEV+HRTQDNGOURGTUKUVTGOQXGVJGK2JQPGCPFEQPPGEVCICKP
5QOGK2QFXGTUKQPUOC[PQVU[PEYKVJVJGU[UVGO+PUWEJECUGUVJG
U[UVGOOC[PQVRTQRGTN[TGUVQTGVJGRTGXKQWUN[QRGTCVGFOQFG (QT
K2CFUDCVVGT[EJCTIKPIKUPQVUWRRQTVGF
#RRNKECVKQPUVJCVCTGPQVGZENWUKXGN[WUGFCUK2QF#RRNKECVKQPU
YKVJKPK2JQPGK2QF6QWEJFGXKEGUCTGPQVUWRRQTVGF
5VGRUWRQP+PKVKCN%QPPGEVKQP
5WRRQTVGFK2QF&GXKEGU
5GCTEJ5VGRUOC[FKHHGTFGRGPFKPIQPVJGV[RGQHK2QFFGXKEG
â˘
â˘
5VGR
5VGR
2NC[.KUV
2NC[.KUV
#TVKUV
#TVKUV
#TVKUV
#NDWO
0COG
#NDWO
#NDWO
#NDWO
0COG
5QPI
0COG
)GPTG
0COG
#TVKUV
0COG
)GPTG
)GPTG
5QPI
5QPI
%QORQUGT %QORQUGT
5VGR
5VGR
2NC[.KUVPCOG ECVGIQT[KUUCOGCUK2QF
5QPI
0COG
#NDWO
0COG
5QPI0COG
%QORQUGT
0COG
#NDWO
0COG
5QPI
0COG
5QPI
0COG
&GXKEG
)GPGTCVKQP
UV
UV
UV
UV
K2QF/KPK
0QV5WRRQTVGF
K2QF5JWHĆG
0QV5WRRQTVGF
UV
UV
â
K2QF0CPQ
â
â
â
â
â
K2QF6QWEJ
â
â
â
â
0QV4GNGCUGF
K2QF%NCUUKE
K2CF
0QV5WRRQTVGF
âł
âł
â
â
K2QF
K2QFYKVJ
%NCUUKE
XKFGQ
âł
0QV4GNGCUGF
&GXKEG6[RG
)5
)
5
)
K2JQPG
â
â
âł
âł
#WFKQl
K2QF/QFG
5VGR
1RGTCVKQPKUUWRRQTVGFCPF#RRNG+PEEGTVKHKGFâ
1RGTCVKQPKUUWRRQTVGFDWVWPEGTVKHKGF âł
L3RG0RGH
%DVLF0RGH6FUHHQ
0COG
/QFG
&KURNC[UEWTTGPVN[QRGTCVKPIOQFG
6KVNG
&KURNC[UPCOGQHEWTTGPVVKVNG
#TVKUV+PHQ
#TVKUVPCOG
#NDWO+PHQ
#NDWOPCOG
4GRGCV5JWHĆG
(TQO4GRGCV5JWHĆGFKURNC[UVJGEWTTGPVN[QRGTCVKPI
HWPEVKQP
(KNG+PFGZ
5JQYUVJGEWTTGPVĹżNGVQVCNĹżNGUYKVJKPVJGK2QF
2NC[6KOG
&KURNC[UVJGEWTTGPVRNC[VKOGVQVCNRNC[VKOG
4GRGCV
4GRGCVUVJGEWTTGPVN[RNC[KPIĹżNG
5JWHĆG
2NC[UĹżNGUKPTCPFQOQTFGT
+PHQ1HH
+PHQ1P
&GUETKRVKQP
%JCPIGUVJGFKURNC[OGVJQFDGVYGGP+PHQ1HH+PHQ1P
⢠+PHQ1HH5JQYUVKVNGCTVKUVCPFCNDWO+PHQ
⢠+PHQ 1P 5JQYU VKVNG CTVKUV CNDWO IGPTG CPF
EQORQUGTKPHQ
/GPW
&KURNC[U4GRGCV5JWHĆGCPF+PHQ1P +PHQ1HH OGPWU
2TGXKQWU(KNG
/QXGUVQVJGRTGXKQWUĹżNG
2NC[2CWUG
2NC[URCWUGUVJGEWTTGPVĹżNG
0GZV(KNG
/QXGUVQVJGPGZVĹżNG
.KUV
/QXGUVQVJGNKUVUETGGP
6WDUWLQJ0RGH
+PHQTOCVKQP
â˘
2TGUUVJG 0(',$ MG[âś2TGUU
1PEGCPK2QFKUEQPPGEVGFK2QF OQFG
YKNNQRGTCVGCWVQOCVKECNN[
5GCTEJKPIK2QF
2TGUUVJG /LVW DWVVQPVQFKURNC[VJG
KPKVKCNK2QFNKUVUETGGP
K2QF/QFG
L3RG
016+%'
â˘
5QOGK2QFUYKVJWPUWRRQTVGFEQOOWPK
ECVKQPRTQVQEQNUOC[PQVRTQRGTN[QRGTCVG
YKVJVJG#WFKQU[UVGO
2NC[KPIK2QF
9JGP UGCTEJKPI CP K2QF KV KU RQUUKDNG
+H VJG K2QF KU PQV EQPPGEVGF VJGP VJG
L3RG DWVVQPYKNNDGFKUCDNGF
â˘
2TGUUVJG Ô DWVVQPVQRNC[VJGK2QF
5QPIU)GPTGU%QORQUGTU#WFKQDQQMU
â˘
2TGUUVJG OO DWVVQPVQRCWUGVJGK2QF
CPF2QFECUVU
VQ UGCTEJ D[ 2NC[NKUVU #TVKUVU #NDWOU
#WFKQl
L3RG0RGH
+PHQTOCVKQP
â˘
+H VJG UGCTEJ OQFG KU CEEGUUGF YJKNG
RNC[KPICUQPIVJGOQUVTGEGPVUGCTEJGF
UVGRYKNNDGFKURNC[GF6JGUGCTEJUVGRU
+PHQTOCVKQP
5GNGEVKPIK2QF(KNGU
9JKNGRNC[KPIâś2TGUUVJG !
DWVVQPUQTVJG
MG[
VQRNC[VJGRTGXKQWUPGZVHKNG
â˘
9JKNG VJG
MG[ KU
DGKPI RTGUUGF VJG VTCEM YKNN TGYKPF QT
HCUVHQTYCTFCVJKIJURGGFU1PEGVJGMG[
KUTGNGCUGFVJG/WUKEYKNNDGIKPRNC[KPICV
WRQPKPKVKCNEQPPGEVKQPCTGNKUVGFDGNQY
PQTOCNURGGF
2TGUUKPICPFJQNFKPIVJG
MG[ QXGTUGEQPFU YKNNTGYKPFQTHCUVHQTYCTF
VJGEWTTGPVUQPI
5GCTEJKPIK2QF(KNGU
5JWHĆG
2TGUUVJG 0HQX DWVVQPâś2TGUU
2TGUU VJG
6KXIIOH
0HQX DWVVQP VQ UGV VJG
4GRGCV 5JWHHNG CPF +PHQ 1P +PHQ 1HH
OGPWU
+PHQTOCVKQP
â˘
'CEJVKOGVJG
6KXIIOH DWVVQPKURTGUUGF
VJGQRVKQPKUEJCPIGFHTQO5JWHHNG%CVGIQT[
â5JWHHNG#NDWOâ1HH
â˘
5JWHHNG%CVGIQT[2NC[UHKNGUYKVJKPVJGEWT
TGPVECVGIQT[KPTCPFQOQTFGT
â˘
5JWHHNG#NDWO2NC[UHKNGUYKVJKPVJGEWTTGPV
ECVGIQT[KPTCPFQOQTFGT
9JGPUGCTEJKPIHKNGUVJGHKNGPWODGTKU
FKURNC[GFKPQTCPIG2TGUUKPIVJG 670'
MPQDYKNNRNC[VJGEQTTGURQPFKPIHKNG
+PHQTOCVKQP
â˘
4GRGCV
+PHQ1P+PHQ1HH
2TGUUVJG 0HQX DWVVQPâś2TGUU
5HSHDW
2TGUUVJG 0HQX DWVVQPâś2TGUU
,QIR2Q
+H VJGTG CTG PQ QRGTCVKQPU YKVJKP UGE
QPFUKPHQQPVJGEWTTGPVUQPIYKNNDGTG
FKURNC[GF
+PHQTOCVKQP
6JGEWTTGPVN[RNC[KPIHKNGKUTGRGCVGF
⢠2TGUUVJG
5HSHDW DWVVQPCICKPVQVWTP
â˘
QHHTGRGCV
6JGUETGGPFKURNC[ECPDGUGVFKHHGTGPVN[
FGRGPFKPIQPWUGTUGNGEVKQP
9JGPVJGVKVNGCTVKUVCPFCNDWOKPHQCTG
FKURNC[GFVJGDWVVQP ,QIR2II
2TGUU ,QIR2II VQTGUVQTGVJGRTGXKQWU
FKURNC[UGVVKPI
#WFKQl
K2QF/QFG
6WTPVJG 670'MPQDâś5GCTEJHKNGUâś
1PEGVJGFGUKTGFHKNGPCOGKUFKURNC[GF
RTGUUVJG 670'MPQD
8VLQJWKH0HQX%XWWRQV
$8;0RGH
+PHQTOCVKQP
6WDUWLQJ0RGH
+H CP GZVGTPCN FGXKEG EQPPGEVQT KU EQP
PGEVGFYKVJVJG#7:VGTOKPCNVJGP#7:
OQFGYKNNCWVQOCVKECNN[QRGTCVG1PEGVJG
EQPPGEVQTKUFKUEQPPGEVGFVJGRTGXKQWU
OQFGYKNNDGTGUVQTGF
⢠#7: OQFG ECP DG WUGF QPN[ YJGP CP
GZVGTPCN CWFKQ RNC[GT ECOEQTFGT ECT
8%4GVE JCUDGGPEQPPGEVGF
⢠6JG#7:XQNWOGECPCNUQDGEQPVTQNNGF
UGRCTCVGN[VJTQWIJVJGEQPPGEVGFFGXKEG
â˘
2TGUUVJG 0(',$ MG[âś2TGUU
$8;
&RQQHFWLQJDQ
([WHUQDO'HYLFH
'ZVGTPCN #7&+1 RNC[GTU ECP DG RNC[GF
VJTQWIJCFGFKECVGFECDNG6JGRQUKVKQPQH
016+%'
⢠+HQPN[ECDNGEQPPGEVGFVQVJG#7:YKVJ
QWVCPGZVGTPCNFGXKEGVJGOQFGEJCPIGF
VQ#7:DWVPQKUGOC[QEEWT9JGPCP
GZVGTPCNFGXKEGKUPQVDGKPIWUGFTGOQXG
VJGEQPPGEVQTLCEM
⢠9JGPVJGGZVGTPCNFGXKEGRQYGTKUEQP
PGEVGF VQ VJG RQYGT LCEM RNC[KPI VJG
GZVGTPCNFGXKEGOC[QWVRWVPQKUG+PUWEJ
ECUGUFKUEQPPGEVVJGRQYGTEQPPGEVKQP
DGHQTGWUG
VJG#7:LCEMKUCVVJGVQRQHVJGIGCTDQZ
NQECVGFDGVYGGPVJGFTKXGTCPFRCUUGPIGT
UGCVU
+PHQTOCVKQP
â˘
6JG EQNQT UCVWTCVKQP QRVKQP KU PQV UWR
RQTVGFYJGPWUKPIVJG2#.EQNQTU[UVGO
YKVJKPVJKUFGXKEG
%OXHWRRWKq$XGLR0RGH
%DVLF0RGH6FUHHQ
0COG
/QFG
&KURNC[UEWTTGPVN[RNC[KPIOQFG
2JQPG0COG
&KURNC[UPCOGQHEQPPGEVGFRJQPG
6KVNG
0COGQHEWTTGPVUQPI
#TVKUV+PHQ
0COGQHEWTTGPVCTVKUV
2NC[
2NC[U$NWGVQQVJs#WFKQ
2CWUG
2CWUGU$NWGVQQVJs#WFKQ
%QPPGEVKQPU
&KURNC[UVJG%QPPGEVKQPUUETGGP
$NWGVQQVJs#WFKQ/QFG
&GUETKRVKQP
+PHQTOCVKQP
â˘
6JGVKVNGCTVKUVKPHQOC[PQVDGUWRRQTVGFKPUQOGOQDKNGRJQPGU
9JGPKVKUPQVUWRRQTVGFCU[ODQNYKNNDGFKURNC[GF
â˘
6JGRNC[RCWUGHGCVWTGOC[QRGTCVGFKHHGTGPVN[FGRGPFKPIQPVJG
OQDKNGRJQPG
#WFKQl
%OXHWRRWKq$XGLR0RGH
8VLQJ%OXHWRRWKp$XGLR
0RGH
$NWGVQQVJs #WFKQ /QFG ECP DG WUGF
6WDUWLQJ0RGH
2NC[KPI$NWGVQQVJs#WFKQ
2TGUUVJG 0(',$ MG[âś2TGUU
%OXHWRRWK$XGLR
QPN[ YJGP C $NWGVQQVJs #WFKQ /QFG
RJQPGJCUDGGPEQPPGEVGF
9JKNG$NWGVQQVJs#WFKQ/QFGKURNC[
KPI KH VJG $NWGVQQVJ s RJQPG KU EQP
PGEVGFVJGPVJGOWUKEYKNNCNUQUVQR
$NWGVQQVJsUVTGCOKPICWFKQOC[PQVDG
â˘
2TGUUVJG Ô DWVVQPVQRNC[HKNGUUCXGF
â˘
YKVJKPVJG$NWGVQQVJsRJQPG
2TGUUVJG OO DWVVQPVQRCWUGVJGHKNG
UWRRQTVGFYKVJUQOGOQDKNGRJQPGU
+PHQTOCVKQP
â˘
+HVJG$NWGVQQVJsCWFKQFQGUPQVRNC[
2TGUU
MG[âś2TGUU
6HWXS âś
%OXHWRRWK âś
+PHQTOCVKQP
â˘
+HVJG$NWGVQQVJsFGXKEGKUPQVEQPPGEVGF
%OXHWRRWK$XGLR DWVVQPYKNN
VJGPVJG
DGFKUCDNGF
6WUHDPLQJ$XGLR6HWWLQJ âś+HVJG
QRVKQPKUUGVVQ 2II EJCPIGVQ 2Q
CPFVT[CICKP
5GVVKPI%QPPGEVKQP
9JKNGRNC[KPIâś2TGUUVJG
MG[âś5GNGEVUVJGRTGXKQWU
PGZVHKNG
2TGUUVJG &RQQHFWLRQV DWVVQPVQCFFC
PGY$NWGVQQVJsRJQPGEQPPGEVFKUEQPPGEV
FGNGVGFGNGVGCNNQTXKGYVJG*GNRUGEVKQP
+PHQTOCVKQP
â˘
6JGVKVNGCTVKUVKPHQOC[PQVDGUWRRQTVGF
KPUQOGOQDKNGRJQPGU9JGPKVKUPQV
0COG
&GUETKRVKQP
*GNR
&KURNC[U$NWGVQQVJs*GNRUETGGP
#FF0GY
2CKTCPGY$NWGVQQVJsFGXKEG
%QPPGEVQTFKUEQPPGEVC$NWGVQQVJs
&KUEQPPGEV FGXKEG
%QPPGEV
&GNGVG
&GNGVGCRCKTGF$NWGVQQVJsFGXKEG
&GNGVG#NN
&GNGVGCNNRCKTGF$NWGVQQVJsFG
XKEGU
5GV$NWGVQQVJsRJQPG#WVQ%QP
%QPPGEVKQP PGEVKQPWRQPUVCTVKPIECTKIPKVKQP
#WVQ
UWRRQTVGF QPN[ VJG U[ODQN YKNN DG FKU
RNC[GF
â˘
+PHQTOCVKQP
6JGRNC[RCWUGHGCVWTGOC[QRGTCVGFKH
HGTGPVN[FGRGPFKPIQPVJGOQDKNGRJQPG
â˘
+H OWUKE KU PQV [GV RNC[KPI HTQO [QWT
OQDKNGFGXKEGCHVGTEQPXGTVKPIVQUVTGCO
KPI CWFKQ $NWGVQQVJ s #WFKQ OQFG
RTGUUKPIVJG Ô DWVVQPQPEGOC[DGIKP
RNC[KPIVJGOWUKE%JGEMVQUGGYJGVJGT
OWUKE KU RNC[KPI HTQO VJG $NWGVQQVJ s
FGXKEGCHVGTEQPXGTVKPIVQUVTGCOKPICWFKQ
OQFG6JG5VTGCOKPICWFKQHGCVWTGOC[
PQVDGUWRRQTVGFKPUQOGOQDKNGRJQPGU
â˘
(QTOQTGKPHQTOCVKQPQPOQDKNGRJQPGEQO
RCVKDKNKV[XKUKVVJG-+#/QVQT%QORCP[YGD
UKVG YYYMKCEQODNWGVQQVJ
#WFKQl
$NWGVQQVJs#WFKQ/QFG
5GNGEVKPI$NWGVQQVJs#WFKQ(KNGU
0\0XVLF0RGH
%DVLF0RGH6FUHHQ
0COG
&GUETKRVKQP
/QFG
&KURNC[UEWTTGPVN[QRGTCVKPIOQFG
(KNG
&KURNC[UVJGPCOGQHVJGEWTTGPVĹżNG
4GRGCV5JWHHNG (TQO4GRGCV5JWHHNG5ECPFKURNC[UVJGEWTTGPVN[QRGTCVKPI
5ECP
HWPEVKQP
(KNG+PFGZ
5JQYUVJGEWTTGPVĹżNGVQVCNĹżNGUYKVJKPVJG/[/WUKE
2NC[6KOG
&KURNC[UVJGEWTTGPVRNC[VKOGVQVCNRNC[VKOG
4GRGCV
4GRGCVUVJGEWTTGPVĹżNG
5JWHĆG
2NC[UĹżNGUKPTCPFQOQTFGT
5ECP
5ECPUVJGDGIKPPKPIRCTVUQHĹżNGU CRRTQZUGEQPFURGTĹżNG
+PHQ1HH
+PHQ1P
â˘
â˘
/GPW
&KURNC[U4GRGCV5JWHĆG5ECPCPF+PHQ1P +PHQ1HH OGPWU
6KVNG+PHQ
&KURNC[UVJGUQPIVKVNG 0QVFKURNC[GFYJGPKPHQTOCVKQPKUPQV
CXCKNCDNG
#TVKUV+PHQ
&KURNC[UVJGCTVKUVKPHQTOCVKQP 0QVFKURNC[GFYJGPKPHQTOCVKQP
KUPQVCXCKNCDNG
#NDWO+PHQ
&KURNC[UVJGCNDWOKPHQTOCVKQP 0QVFKURNC[GFYJGPKPHQTOC
VKQPKUPQVCXCKNCDNG
%JCPIGUVJGFKURNC[OGVJQFDGVYGGP+PHQ1HH+PHQ1P
+PHQ1HHUJQYUĹżNGPCOG
+PHQ1PUJQYUĹżNGPCOGVKVNGCTVKUVCPFCNDWOKPHQ
â˘
2TGXKQWU(KNG
9JGPVJGRNC[VKOGKUWPFGTUGEQPFU/QXGUVQVJG
RTGXKQWUĹżNG
⢠9JGPVJGRNC[VKOGKUQXGTUGEQPFU2NC[UVJGEWTTGPVſNG
HTQOVJGDGIKPPKPI
2NC[2CWUG
2NC[URCWUGUVJGEWTTGPVĹżNG
0GZV(KNG
/QXGUVQVJGPGZVĹżNG
.KUV
/QXGUVQVJGNKUVUETGGP
6WDUWLQJ0RGH
2NC[KPI/[/WUKE
/[/WUKETGHGTUVQCHGCVWTGYJGTGOWUKE
HKNGU /2 9/# YKVJKP 75$ OGOQT[
FTKXGUQT%&UCTGEQRKGFKPVQVJG0CXKICVKQP
U[UVGOVQRNC[VJGOYKVJKPVJGXGJKENG
2TGUUVJG 0(',$ MG[âś2TGUU
0\0XVLF
â˘
2TGUUKPI CPF JQNFKPI VJG
â˘
â˘
â˘
2TGUUVJG Ô DWVVQPVQRNC[VJGHKNG
2TGUUVJG OO DWVVQPVQRCWUGVJGHKNG
MG[ QXGT UGEQPFU YKNN
TGYKPFQTHCUVHQTYCTFVJGEWTTGPVHKNG
9JKNG VJG
MG[ KU
DGKPIRTGUUGFVJGVTCEMYKNNTGYKPFQT
HCUVHQTYCTFCVJKIJURGGFU1PEGVJG
MG[ KU TGNGCUGF VJG /WUKE YKNN DGIKP
RNC[KPICVPQTOCNURGGF
#WFKQl
/[/WUKE/QFG
9JKNGRNC[KPIâś2TGUUVJG !
DWVVQPUQTVJG
MG[
VQRNC[VJGRTGXKQWUPGZVHKNG
016+%'
â˘
5GNGEVKPI/[/WUKE
0\0XVLF0RGH
+PHQTOCVKQP
â˘
PGZVHKNG
6JGUG DWVVQPU YKNN PQV TGYKPF QT HCUV
5JWHĆG
2TGUUVJG 0HQX DWVVQPâś2TGUU
6JG ! DWVVQPUFKURNC[GFQPVJG
UETGGPCNNQY[QWVQUGNGEVVJGRTGXKQWU
â˘
8VLQJWKH0HQX%XWWRQV
2TGUU VJG 0HQX DWVVQP VQ UGV VJG
4GRGCV5JWHHNG5ECP+PHQ1P +PHQ1HH
OGPWU
6KXIIOH
9JGPVWTPGFQPHKNGUCTGRNC[GFKPTCP
FQOQTFGT
HQTYCTFVJGHKNG
+PHQTOCVKQP
â˘
2TGUUVJG
6KXIIOH DWVVQPCICKPVQVWTP
VJGUJWHHNGQRVKQPQHH
5ECP
4GRGCV
2TGUUVJG 0HQX DWVVQPâś2TGUU
5HSHDW
2TGUUVJG 0HQX DWVVQPâś2TGUU
6FDQ
6JGDGIKPPKPI CRRTQZUGEQPFU QHCNN
6JGEWTTGPVN[RNC[KPIHKNGKUTGRGCVGF
+PHQTOCVKQP
â˘
2TGUUVJG 5HSHDW DWVVQPCICKPVQVWTP
QHHTGRGCV+HPQVJKPIKUUGNGEVGFVJGPCNN
HKNGUYKNNDGRNC[GFKPUGSWGPVKCNQTFGT
HKNGUCTGUECPPGF
+PHQTOCVKQP
â˘
2TGUUVJG
6FDQ DWVVQPCICKPVQVWTP
VJGUECPQRVKQPQHH
+PHQ1P+PHQ1HH
2TGUUVJG 0HQX DWVVQPâś2TGUU
,QIR2Q
FGRGPFKPIQPWUGTUGNGEVKQP
9JGPVJGVKVNGCTVKUVCPFCNDWOKPHQCTGFKU
RNC[GFVJGDWVVQPKUEJCPIGFVQ ,QIR2II
2TGUU ,QIR2II VQTGUVQTGVJGRTGXKQWU
+HUKZ QTOQTGHKNGUQTHQNFGTUGZKUVKP
VJGUCOGHQNFGTVJGNKUVYKNNDGFKURNC[GF
CETQUUVYQQTOQTGRCIGU
2TGUU VJG Ô Ô˘ EWTUQT DWVVQPU VQ
/QXKPIDGVYGGP.KUVU
2TGUUVJG
Ô˘
SWKEMN[HKPFVJGFGUKTGFRCIG
/LVW DWVVQPâś2TGUU Ô
KPHQTOCVKQPFKURNC[UGVVKPI
+PHQTOCVKQP
â˘
6JG VKVNG CTVKUV CPF CNDWO KPHQ CTG FKU
RNC[GF QPN[ YJGP UWEJ KPHQTOCVKQP KU
TGEQTFGFYKVJKPVJG/2HKNG+&VCI
#WFKQl
/[/WUKE/QFG
6JGUETGGPFKURNC[ECPDGUGVFKHHGTGPVN[
8VLQJ0HQXVZLWKLQWKH
/LVW6FUHHQ
0\0XVLF0RGH
4GVWTPKPIVQ%WTTGPV.QECVKQP
9JKNGUGCTEJKPIHKNGUYKVJKPQVJGTHQNFGTU
RTGUUVJG 1RZ3OD\LQJ DWVVQPVQTGVWTP
VQVJGEWTTGPVN[RNC[KPIHKNGUETGGP
&GNGVKPI(KNGU
2TGUUVJG /LVW DWVVQPâś5GNGEVVJG
HKNGUVQFGNGVGâś2TGUU 'HOHWH,WHPV
+PHQTOCVKQP
â˘
6JGCWFKQU[UVGOYKNNPQVQRGTCVGYJKNG
HKNGUCTGDGKPIFGNGVGF
â˘
+HVJGEWTTGPVN[RNC[KPIHKNGKUFGNGVGFVJG
PGZVHKNGYKNNDGIKPRNC[KPI
1DYLJDWLRQ
â˘
$GHQTG7UG
â˘
5VCTVKPI0CXKICVKQP
â˘
7UKPIVJG0CXKICVKQP
â˘
/CR.QIQUCPF.CPFOCTMU
&$5$916<67(0
%HIRUH8VH
3UHFDXWLRQVIRU6DIH'ULYLQJ
2NGCUGQDUGTXGCPFEQORN[YKVJNQECNVTCHHKETWNGUCPFTGIWNCVKQPU
(QT[QWTUCHGV[UQOGHGCVWTGUECPPQVDGQRGTCVGFYJKNGFTKXKPI
6JGRQUKVKQPQHVJGXGJKENGYKVJKPVJGPCXKICVKQPOC[FKHHGTHTQO
HQT[QWTUCHGV[(GCVWTGUVJCVECPPQVDGQRGTCVGFYKNNDGFKU
[QWTCEVWCNNQECVKQPFGRGPFKPIQPXCTKQWUTGCUQPUKPENWFKPI
CDNGF
VJGUCVGNNKVGVTCPUOKUUKQPUVCVGXGJKENGUVCVG FTKXKPINQECVKQP
CPFEQPFKVKQPU GVE#FFKVKQPCNN[VJGECTRQUKVKQPOCTMOC[FKH
6JGTQWVGFKURNC[GFHQTFGUVKPCVKQPIWKFCPEGKUCTGHGTGPEGCPF
HGTHTQOVJGCEVWCNRQUKVKQPKHVJGOCRFCVCKUFKHHGTGPVHTQOVJG
VJGTQWVGIWKFCPEGYKNNVCMG[QWVQVJGXKEKPKV[QH[QWTFGUVKPCVKQP
CEVWCNTQCFNCPFUECRGUWEJCUEJCPIGUFWGVQVJGEQPUVTWEVKQP
6JGJKIJNKIJVGFTQWVGKUPQVCNYC[UVJGUJQTVGUVFKUVCPEGVJGNGCUV
QHPGYTQCFU+HUWEJFKHHGTGPEGUQEEWTFTKXKPIHQTCUJQTVRGTKQF
EQPIGUVGFCPFKPUQOGECUGUOKIJVPQVDGVJGHCUVGUVTQWVG
QH VKOG YKNN CWVQOCVKECNN[ EQTTGEV VJG RQUKVKQP QH VJG XGJKENG
VJTQWIJOCROCVEJKPIQT)25KPHQTOCVKQP UGXGTCNOKPWVGU
4QCFPCOGCPF21+KPHQTOCVKQPOC[PQVCNYC[UDGGPEQO
RNGVGN[WRFCVGF5QOGRNCEGUOC[PQVKPENWFGWRVQFCVGKPHQT
OCVKQP
6JGECTRQUKVKQPOCTMFQGUPQVCNYC[UKPFKECVG[QWTGZCEVNQEC
VKQP6JKUU[UVGOWUGU)25KPHQTOCVKQPXCTKQWUUGPUQTUCPF
TQCFOCRFCVCVQFKURNC[VJGEWTTGPVRQUKVKQP*QYGXGTGTTQTUKP
FKURNC[KPI[QWTNQECVKQPOC[QEEWTKHVJGUCVGNNKVGKUVTCPUOKVVKPI
KPCEEWTCVG UKIPCNU QT VYQ QT NGUU UCVGNNKVG UKIPCNU CTG DGKPI
TGEGKXGF'TTQTUVJCVQEEWTKPUWEJEQPFKVKQPUECPPQVDGEQTTGEVGF
OC[DGPGEGUUCT[KPEGTVCKPECUGU
2SHUDWLQJWKH1DYLJDWLRQ
6JGPCXKICVKQPECPDGQRGTCVGFXKCVQWEJ6QWEJVJGEQTTGURQPF
KPIDWVVQPQPVJGUETGGPVQQRGTCVG
+HVJGDWVVQPFQGUPQVTGURQPFVCMG[QWTHKPIGTQHHVJGUETGGP
$GHQTG7UG
CPFVT[CICKP
9JGPCDWVVQPHWPEVKQPKUQRGTCVKPIVJGEQNQTQHVJGUGNGEVGF
DWVVQPYKNNDGFKURNC[GFFKHHGTGPVN[
6QTGVWTPVQVJGRTGXKQWUUETGGPRTGUUVJG
2TGUUVJG
DWVVQP
DWVVQPVQECPEGNHWPEVKQPUVJCVECPDGQRGTCVGF
QPVJGEWTTGPVUETGGP
5QOGHWPEVKQPUOC[PQVDGECPEGNNGF
+PHQTOCVKQP
â˘
$WVVQPUVJCVECPPQVDGQRGTCVGFYKNNDGFKUCDNGF
0CXKICVKQPl
%HIRUH8VH
$ERXWWKH0DS
#DQWV/CR+EQPU
#EVWCN&KUVCPEG
.GXGN
OKHV
MOO
5QOGTQCFUUKVGPCOGUCPFHCEKNKV[KPHQT
HV
O
OCVKQPOC[JCXGEJCPIGFCHVGTOCRFCVC
HV
O
WRFCVG CPF OC[ FKHHGT YKVJ CEVWCN TQCF
HV
O
EQPFKVKQPU
OK
O
7PNKEGPUGFOCREQR[KPIKPCP[HQTOKPHWNN
OK
O
QTKPRCTVKUUVTKEVN[RTQJKDKVGF
OK
MO
KUFKURNC[GFQPVJGNGHVUKFGQH
OK
MO
VJGOCRVJKUTGRTGUGPVUCOCRUECNGQH
OK
MO
â˘
/CRWRFCVGUEQPVCEV[QWT-+#FGCNGT
QHCOKNG
OK
MO
â˘
(QT OQTG KPHQTOCVKQP TGHGT VQ VJG
(QTOQTGKPHQTOCVKQPQP%JCPIKPI/CR
OK
MO
5ECNGTGHGTVQVJGĹ%JCPIKPI/CR5ECNGĹ
OK
MO
UGEVKQP
OK
MO
OK
MO
OK
MO
#DQWV/CR5ECNG
â˘
â˘
+H
+EQPU FKURNC[GF QP VJG OCR OC[ FKHHGT
HTQOCEVWCNEQPFKVKQPU
#DQWV/CR&CVCDCUG
#DQWV/CR7RFCVGU
Ĺ5[UVGO7RFCVGĹUGEVKQPKP5GVWR
$ERXW9RLFH*XLGDQFH
2NGCUGWUGXQKEGIWKFCPEGQPN[CUCTGH
GTGPEGVQCUUKUVKP[QWTFTKXKPI
)WKFCPEGYJGPWUKPIQVJGTOQFGU
â˘
&WTKPIFGUVKPCVKQPIWKFCPEGXQKEGIWKFCPEG
EQPXGTVKPIHTQOVJGPCXKICVKQPUETGGPVQ
YKNNDGRTQXKFGFYJGPTGCEJKPICPKPVGTUGE
'ZCORNGQHXQKEGIWKFCPEGYJGPCTTKXKPI
VKQPQTPGCTD[VJGFGUVKPCVKQP
CVVJGFGUVKPCVKQP
â˘
In front of the destination :
;QWJCXGCTTKXGFCV[QWTFGUVKPCVKQP
;QWTTQWVGIWKFCPEGKUHKPKUJGF
KPUVCPEGU
â˘
+PHQTOCVKQP
â˘
8QKEGIWKFCPEGKURTQXKFGFKPVJGHQNNQYKPI
VKQPIWKFCPEG
CFKHHGTGPVOQFGUETGGP
9KVJXQKEGIWKFCPEGOWVGFFGUVKPCVKQP
IWKFCPEGYKNNEQPVKPWGFVQDGRTQXKFGF
+PHQTOCVKQP
â˘
+PHTQPVQHCPKPVGTUGEVKQP
6JGCDQXGXQKEGIWKFCPEGGZCORNGUCTG
PQTOCNECUGU*QYGXGTVJGCEVWCNXQKEG
IWKFCPEG OC[ FKHHGT FGRGPFKPI QP VJG
+PCJCNHOKNGVWTPTKIJV
0GZVTKIJV
TQCFV[RG
â˘
+HVJGECTRQUKVKQPKUPQVCEEWTCVGN[OGCUWTGF
VJGPXQKEGIWKFCPEGOC[PQVDGIKXGPQT
â˘
Upon entering a toll road
OC[DGIKXGPNCVGTQTKORTQRGTN[
â˘
6QNNDQQVJCJGCF
+VKURQUUKDNGVQCFLWUVVJG0CXKICVKQPIWKF
CPEGXQNWOG
0CXKICVKQPl
$GHQTG7UG
8QKEG)WKFCPEG
'ZCORNGQHXQKEGIWKFCPEGFWTKPIFGUVKPC
8QKEGIWKFCPEGYKNNEQPVKPWGGXGPYJGP
%HIRUH8VH
$ERXW*36
)25 )NQDCN2QUKVKQPKPI5[UVGO
)25KUCU[UVGOFGXGNQRGFCPFQRGTCVGF
D[VJG7PKVGF5VCVGUYJKEJFGVGTOKPGUVJG
EWTTGPV NQECVKQP QH VJG WUGT .QPIKVWFG
.CVKVWFG%QQTFKPCVGUGVE D[IGPGTCNN[
WUKPIQTOQTGUCVGNNKVGU6JKUU[UVGOKU
WUGFYKVJTGNCVGF)25KPHQTOCVKQPXCTKQWU
UGPUQTUTQCFOCRFCVCCPFQVJGTTGNCVGF
KPHQTOCVKQPHQTVJGRWTRQUGUQHPCXKICVKQP
(QTOQTGKPHQTOCVKQPQP)25TGHGTVQ2CTV
Ĺ)25+PHQTOCVKQPĹ
6WDUWLQJ1DYLJDWLRQ
0DS6FUHHQ
0COG
/CR5V[NG
7UGFVQUGVGKVJGT0QTVJWR#NYC[UQT*GCFKPIWRQPDQVJ
UKFGUQHURNKVUETGGPOCR
/CR5ECNG
5JQYUEWTTGPVOCRUECNG
)WKFCPEG8QNWOG
(WPEVKQP+PHQ
9KPFQY
%WTTGPV2QUKVKQP
+PHQ9KPFQY
4QWVG)WKFCPEG
/QFG
7UGFVQCFLWUVPCXKICVKQPIWKFCPEGXQNWOG
5JQYUOCRHWPEVKQPDWVVQPUQTEWTTGPVRQUKVKQPKPHQ
5JQYUEWTTGPVTQCFPCOGCPFFGUVKPCVKQPPCOGKPUGE
QPFKPVGTXCNU
5YKVEJGUTQWVGIWKFCPEGOQFGDGVYGGPRTGNKOKPCT[IWKF
CPEGOQFG*KIJYC[OQFGCPF6WTPD[VWTPOQFG
3WKEM/GPW
#NNQYUWUGTUVQGCUKN[CPFSWKEMN[CEEGUUFGUKTGFOGPWU
%WTTGPV6KOG
5JQYUVJGVKOG
'6#4GOCKPKPI
5JQYUVJG'6# 'UVKOCVGFVKOGQHCTTKXCN TGOCKPKPIVKOG
CPFFKUVCPEGHTQOEWTTGPVRQUKVKQPVQVJGFGUVKPCVKQP
6KOG
2TGNKOKPCT[
)WKFCPEG
&GUVKPCVKQP
&KTGEVKQP
.CPG+PHQ
2TQXKFGUFKUVCPEGFKTGEVKQPIWKFCPEGCVVWTPRQKPVUCPFFK
TGEVKQPUYKVJKPVJGUGVTQWVG
5JQYUUVTCKIJVNKPGFKUVCPEGVQFGUVKPCVKQPHTQOEWTTGPVECT
RQUKVKQPOCTM
5JQYUTGEQOOGPFGFNCPGUHQTWUGD[EQPUKFGTKPIWREQO
KPIKPVGTUGEVKQPUCPFGZRGEVGFTQWVGU
%CT2QUKVKQP/CTM &KURNC[UEWTTGPVECTRQUKVKQP
0CXKICVKQPl
5VCTVKPI0CXKICVKQP
0CXKICVKQP
&GUETKRVKQP
6WDUWLQJ1DYLJDWLRQ
,QLWLDO6FUHHQ
+PHQTOCVKQP
%WTTGPV2QUKVKQP
â˘
9JGPTKFKPIKPCPGYECTQTCHVGTTGRNCEKPI
VJGDCVVGT[VGTOKPCNVJGECTRQUKVKQPOCTM
OC[CVHKTUVCRRGCTCVCFKHHGTGPVNQECVKQP
â˘
'XGPKHVJGECTRQUKVKQPOCTMQPVJGOCR
KU FKHHGTGPV OCR OCVEJKPI CPF )25
EQQTFKPCVGUCTGWVKNK\GFVQCWVQOCVKECNN[
WRFCVGVJGEWTTGPVRQUKVKQP+VOC[VCMG
WRVQUGXGTCNOKPWVGUVQHKPF[QWTEWTTGPV
2TGUU VJG $JUHH DWVVQP VQ FKURNC[ VJG
RQUKVKQP
OQUVTGEGPVN[WUGFOQFG
+H#WFKQOQFGKUWUGFYKVJVJGPCXKICVKQP
/CR&KURNC[5GVVKPIU
VWTPGF QP PCXKICVKQP IWKFCPEG YKNN DG
2TGUUVJG
RTQXKFGFKPVJGDCEMITQWPF+H[QWVWTPVJG
KIPKVKQPQPVJGPVJGOQUVTGEGPVN[RNC[GF
OQFGYKNNTGUVCTV
2TGUUVJG
+PHQTOCVKQP
â˘
0$3
92,&(
MG[QTVJG DWVVQP
FKURNC[GFCVVJGWRRGTTKIJVUKFGKPUQOG
1PEGVJGXGJKENGKIPKVKQPKUVWTPGFQPVJG
OCREQPFKVKQPUVQFKURNC[VJGOCRQHVJG
7UGT9CTPKPIUETGGPYKNNCNYC[UDGFKURNC[GF
EWTTGPVRQUKVKQPCPFVJGPGKIJDQTKPICTGC
/CMGUWTGVQECTGHWNN[TGCFVJGYCTPKPIRCIG
CUKVEQPVCKPUKORQTVCPVKPHQTOCVKQPTGNCVGFVQ
U[UVGOQRGTCVKQPUYJKNGFTKXKPI
0$3
92,&(
MG[âś2TGUUVJG
6JKU DWVVQP KU WUGF VQ UGV OCR UETGGP
TGNCVGF QRVKQPU UWEJ CU 5RNKV UETGGP
*GCFKPI7R0QTVJ 7R CPF .GHV4KIJV
+PHQTOCVKQP
%JCPIKPI/CR5ECNG
0$3
2TGUUVJG 92,&(
MG[âś2TGUU
âś5GVVJGFGUKTGFOCRUECNG
UETGGPFKURNC[
â˘
6JG YKNN DG FKUCDNGF YJGP UGV VQ
OCZUECNG OK CPFVJG DWVVQP
YKNN DG FKUCDNGF YJGP UGV VQ OKP UECNG
HV
0COG
&GUETKRVKQP
*GCFKPI7R
0QTVJ7R
&KURNC[/CRKP8GJKENG6TCX
GNKPI&KTGEVKQP *GCFKPI7R
QT0QTVJ7RFKTGEVKQP
2TGUUVJG
+PHQTOCVKQP
â˘
6JG*GCFKPI7R0QTVJ7R&CPFOCR
5VCTVKPI0CXKICVKQP
5GNGEVDGVYGGP5RNKV5ETGGP
5KPING5ETGGP QT5KPING5ETGGP/CR
5RNKV5ETGGP
DWVVQPVQFKURNC[VJGOCR
UECNGOGPWCPFEJCPIGVJGOCRVQVJG
FGUKTGFUECNG
UECNG CFLWUVOGPVU ECP DG WUGF YJGP
WUKPI5RNKV5ETGGPOCR
0COG
&GUETKRVKQP
#FLWUV/CR 7UGVJG DWVVQPU
5ECNG
VQFKURNC[VJGUECNGDCT
5JQYUOCRUECNGUKPECVG
#FOKPKUVTCVKXG IQTKGUQH&GVCKN HV 0GCT
&KUVTKEV5ECNG
#WVQ5ECNG
OK 5VTGGV OK %KV[
OK 2TQXKPEG OK
9JGP KUGPCDNGFOCR
UECNGCWVQOCVKECNN[CFLWUVU
CEEQTFKPIVQFTKXKPIUKVWCVKQP
0CXKICVKQPl
6WDUWLQJ1DYLJDWLRQ
/CR/GPW
2TGUUVJG
DWVVQP
#FLWUVKPI0CXKICVKQP8QNWOG
DWVVQPâś2TGUU 0HQX
2TGUU VJG
XQNWOG
DWVVQP âś #FLWUV
21+&KURNC[
2TGUUVJG
DWVVQPâś2TGUU 32,
9JGP21+OGPWUCTGFKURNC[GFRTGUUKPI
(GCVWTGUHTGSWGPVN[WUGFYKVJKPVJGOCR
UETGGPUWEJCU 6HWDV'HVWLQDWLRQ
2TGUUVJG
DWVVQP6JGXQNWOGOGPW
KUFKURNC[GFCPFCNNQYU[QWVQCFLWUVVJG
$GG:D\SRLQW 9LHZ'HVWLQDWLRQ
PCXKICVKQPXQKEGIWKFCPEGXQNWOG
&DQFHO5RXWH &DOO CPF 'HWDLOV CTG
6JGXQNWOGECPDGCFLWUVGFHTQO`
VJTQWIJVJG DWVVQP
2TGUUVJG 0XWH DWVVQPVQVWTPQHHVJG
FKURNC[GF
+PHQTOCVKQP
â˘
+HVJGUETGGPKUUETQNNGFVJGPVJGVQROGPWKU
EJCPIGFVQVJG 6HWDV'HVWLQDWLRQ DWVVQP
â˘
+H[QWJCXGCNTGCF[UGVCFGUVKPCVKQPVJGPVJG
VQRDWVVQPYKNNEJCPIGVQVJG 5HFDOFXODWH
DWVVQP
UQWPF
QPGQHVJG21+KEQPDWVVQPUYKNNFKURNC[
VJGEQTTGURQPFKPI21+KEQPU
0COG
&GUETKRVKQP
21++EQP
5JQYUJKFGUEQTTGURQPFKPI
21+U
7POCTM#NN
7POCTMUUGNGEVGF21++EQPU
'FKV21++EQP
'FKVVJG21+KEQPUUJQYP
YKVJKPVJGOGPW
5GCTEJD[
.QECN21+
5GCTEJGUUGNGEVGF21+
'FKVKPI21++EQPU
5GCTEJKPI21+U
2TGUU 32, âś2TGUUVJG (GLW32,,FRQ
DWVVQPâś2TGUU 'RQH
2TGUU VJG 6HDUFKE\ORFDO32, DWVVQP
âś2TGUUVJGUGCTEJETKVGTKC
1HDUFXUUHQWSRVLWLRQ
1HDUVFUROOPDUN QT 1HDUGHVWLQDWLRQ
1HDUURXWH
VJGFGUKTGFHCEKNKV[HTQOVJGXCTKQWUHCEKNKV[
V[RGU
7RVQUKZHCXQTKVGHCEKNKVKGUECPDGUGV
2TGUUVJG 'HIDXOW DWVVQPVQTGUGVVJGFKU
5VCTVKPI0CXKICVKQP
2TGUUVJG (GLW32,,FRQ DWVVQPVQUGNGEV
RNC[GF21+KEQPU
+PKVKCNN[)CU5VCVKQP2CTMKPI(CUV(QQF
*QURKVCN#WVQ5GTXKEGCPF$CPMCTGUGV
CUFGHCWNV
0CXKICVKQPl
6WDUWLQJ1DYLJDWLRQ
#FFKPIC/[2NCEG
0COG
0GCT%WTTGPV
2QUKVKQP
0GCT5ETQNN
/CTM
0GCT
&GUVKPCVKQP
0GCT
4QWVG
&GUETKRVKQP
9KVJKPVJGĹ5GCTEJD[21+Ĺ
OGPW UGCTEJGU HCEKNKVKGU
DCUGF QP VJG EWTTGPV XG
JKENGRQUKVKQP
9KVJKPVJGĹ5GCTEJD[21+Ĺ
OGPW UGCTEJGU HCEKNK
VKGU DCUGF QP VJG EWTTGPV
UETQNNGFRQUKVKQP
9KVJKPVJGĹ5GCTEJD[21+Ĺ
OGPW UGCTEJGU HCEKNKVKGU
DCUGF QP VJG NQECVKQP QH
VJGFGUVKPCVKQP
5GCTEJGU HCEKNKVKGU PGCTD[
VJGEWTTGPVTQWVG
6JG21+OCTMKUFKURNC[GFCEEQTFKPIVQ
VJGUGNGEVGFETKVGTKC
+PHQTOCVKQP
â˘
9JGP UGCTEJKPI 21+U [QW ECP QPN[
UGCTEJ21+UYKVJKPUGNGEVGFECVGIQTKGU
⢠6JG 1HDUVFUROOPDUN OGPWKUGPCDNGF
QPN[YJGPVJGOCRJCUDGGPUETQNNGF
2TGUU VJG
DWVVQP âś 2TGUU VJG
FGUKTGFITQWR
6JKUHGCVWTGKUWUGFVQUCXGVJGEWTTGPV
RQUKVKQPQTVJGUETQNNGFRQUKVKQPCUC/[
2NCEGQT5RGGF#NGTV
+PHQTOCVKQP
â˘
/[2NCEGUCTGUCXGFYKVJQWVFKUVKPEVKQP
HQTVJGFTKXKPIQTUETQNNGFUVCVG
⢠6JG 6SHHG$OHUW DWVVQP KU FKURNC[GF
YJGPCRQKPVKUUCXGFYKVJVJGURGGFNKOKV
QHVJGTQCFYJKNGFTKXKPIQPVJGTQCF
8VLQJWKH1DYLJDWLRQ
'HVWLQDWLRQ6HDUFK
2TGUUVJG '(67 MG[VQFKURNC[VJG&GUVKPCVKQP5GCTEJOGPW
UETGGP
0COG
#FFTGUU
2TGXKQWU
&GUVKPCVKQPU
2QKPVQH+PVGTGUV
21+0COG
7UGFVQUGCTEJHQT21+UD[PCOG
)CU5VCVKQP
7UGFVQUGCTEJHQTICUUVCVKQPU
4GUVCWTCPVU
7UGFVQUGCTEJHQTTGUVCWTCPVU
'OGTIGPE[
7UGFVQOCMGGOGTIGPE[TGNCVGFUGCTEJGU
/[2NCEGU
&KURNC[UNKUVQHUCXGF/[2NCEGU
2JQPG0WODGT
7UGFVQUGCTEJFGUVKPCVKQPUD[GPVGTKPI21+RJQPG
PWODGTU
+PVGTUGEVKQP
7UGFHQTTQWVGIWKFCPEGVQTGEGPVN[UGVFGUVKPCVKQPU
7UGFVQUGCTEJHQTPGKIJDQTKPI21+UPGCTEWTTGPV
RQUKVKQPPGCTUETQNNRQUKVKQPPGCTFGUVKPCVKQPPGCT
EKV[EGPVGT
7UGFVQUGCTEJFGUVKPCVKQPUD[UGNGEVKPIURGEKHKE
UVCVGUEKVKGUTQCFU
5GCTEJ
7UGFVQUGCTEJFGUVKPCVKQPUD[UGNGEVKPIUVTGGVKPVGT
UGEVKQPU
':+6'PVTCPEG
7UGFVQUGCTEJFGUVKPCVKQPUD[UGCTEJKPIHQTGZ
RTGUUYC[GZKVUGPVTCPEGU
%QQTFKPCVGU
7UGFVQUGCTEJFGUVKPCVKQPUD[GPVGTKPIVJG.CV
.QPIEQQTFKPCVGU
6JG&GUVKPCVKQP5GCTEJUETGGPKPENWFGUXCTKQWUUGCTEJOGPWUCU
YGNNCUUJQTVEWVUVQ(CXQTKVGUVJCVRTQXKFGOCZKOWOEQPXGPKGPEGKP
UGCTEJKPIHQTFGUVKPCVKQPU
0CXKICVKQPl
7UKPIVJG0CXKICVKQP
&GUETKRVKQP
8VLQJWKH1DYLJDWLRQ
3WKEM/GPW
0COG
&GUETKRVKQP
3WKEM/GPW â
&KURNC[JKFG3WKEM/GPWU
/GPWUCFFGFVQVJG3WKEM
3WKEM/GPW$CT /GPW RQUUKDNGVQUGVWRVQ
OGPWU
'FKV
2TGUUVJG ÔŽ DWVVQPQPVJGNGHVUKFGQH
VJGOCRUETGGPVQFKURNC[VJG3WKEM/GPW
/GPWU
#FF4GOQXG
#FFQTTGOQXG3WKEM/GPWU
3WKEM/GPW
.KUVQHECVGIQTKGUVJCVECP
DGCFFGFVQ3WKEM/GPWU
%CVGIQTKGU
2 T G U U V J G '(67 M G [ âś 2 T G U U
32,
#FF&GNGVG3WKEM/GPWU
%WTTGPV3WKEM 5JQYUNKUVQHEWTTGPV3WKEM
/GPWU
21+ 2QKPVQH+PVGTGUV 5GCTEJ
0COG
&GUETKRVKQP
%CVGIQT[
5GCTEJHQT21+UD[UGNGEVKPI
VJTQWIJ21+ECVGIQTKGU
0COG
5GCTEJ21+UD[PCOG
5GCTEJD[RQKPVQHKPVGTGUV
2 T G U U V J G '(67 M G [ âś 2 T G U U
32,
%CVGIQTKGU CTG UWDECVGIQTK\GF CPF VJG
UGNGEVGFCTGCCPFECVGIQT[CTGFKURNC[GFCV
VJGVQRQHVJGUETGGPHQTWUGTEQPXGPKGPEG
+PHQTOCVKQP
â˘
6JG UGCTEJGF NQECVKQP OC[ PQV DG VJG
GZCEVNQECVKQPQHCURGEKHKEFGUVKPCVKQP
DWVFKURNC[UCTGRTGUGPVCVKXGRQUKVKQPQHC
&GUETKRVKQP
0GCT%WTTGPV 5GCTEJGU21+UDCUGFQPVJG
2QUKVKQP
EWTTGPVXGJKENGRQUKVKQP
21+CFFTGUU
⢠'CEJECVGIQT[KUUQTVGFUVCTVKPIYKVJJKIJ
GUVTCVKPIUFQYPVQVJGNQYGUVTCVKPIU
0GCT5ETQNN 5GCTEJGU21+UDCUGFQPVJG
/CTM
0GCT
&GUVKPCVKQP
0GCTEKV[
EGPVGT
0GCTTQWVG
EWTTGPVOCRUETQNNRQUKVKQP
5GCTEJGU 21+U PGCTD[ VJG
UGVFGUVKPCVKQP HGCVWTGKUFKU
CDNGFYJGPCFGUVKPCVKQPJCU
PQVDGGPUGV
5GCTEJGU21+UPGCTD[CUG
NGEVGFCTGC
5GCTEJGU HCEKNKVKGU PGCTD[
VJGEWTTGPVTQWVG
21+5GCTEJKUCHGCVWTGVJCVCNNQYU[QWVQ
UGCTEJHQT21+UVJCVCTGPGCT[QWTEWTTGPV
RQUKVKQPPGCTCUETQNNOCTMPGCTVJGFGUVKPC
VKQPQTPGCTVJGEKV[EGPVGT
0CXKICVKQPl
7UKPIVJG0CXKICVKQP
0COG
8VLQJWKH1DYLJDWLRQ
21+0COG5GCTEJ
2TGUUVJG '(67 MG[âś2TGUU
32,1DPH
0COG
2TGXKQWU
5GCTEJGU
&GUETKRVKQP
&KURNC[URTGXKQWUN[GPVGTGFUGCTEJGU
#TGC
.KOKVUUGCTEJGUVQURGEKĹżECTGCU
&GN#NN
&GNGVGUVJGGPVKTGGPVT[
(TGPEJ
%QPXGTVUVQVJG(TGPEJMG[RCF
'PINKUJ
%QPXGTVUVQVJG'PINKUJMG[RCF
0WODGTU
%QPXGTVUVQVJG0WODGTMG[RCF
5RCEG
'PVGTUCURCEG
5GCTEJ
5VCTVUUGCTEJ
&GNGVG
&GNGVGUQPGEJCTCEVGT
2TGXKQWU&GUVKPCVKQPU
+PHQTOCVKQP
â˘
2 T G U U V J G '(67 M G [ âś 2 T G U U
3UHYLRXV'HVWLQDWLRQ
+HVJG21+QTTGIKQPPCOGKUVQQNQPICPF
ECPPQV DG FKURNC[GF YKVJKP QPG UETGGP
RTGUUKPI VJG ! DWVVQP YKNN OQXG VJG
#FFTGUU
2 T G U U V J G '(67 M G [ âś 2 T G U U
$GGUHVV
PCOGVQVJGNGHVVQFKURNC[VJGHWNNPCOG
7UKPIVJG0CXKICVKQP
6JKUUGCTEJHGCVWTGKUWUGFVQUGCTEJFGU
VKPCVKQPUD[CFFTGUUGUVJTQWIJUVCVGEKV[
0COG
&GUETKRVKQP
$[&CVG
5QTVU21+UCPFNQECVKQPUD[
CFFGFFCVG
$[0COG
5QTVU21+UCPFNQECVKQPUD[
PCOG
(TQO XCTKQWU GPVTKGU KVGOU
&GNGVG+VGOU ECPDGUGNGEVGFCPFFGNGVGF
CNNCVQPEG
CPFUVTGGV
'PVGT VJG PCOG QH VJG 5VTGGV %KV[ CPF
5VCVGEQTTGURQPFKPIVQVJGFGUKTGFFGUVKPC
VKQP1PEGUGCTEJKUEQORNGVGRTGUUVJG
6HDUFK DWVVQPVQUGNGEVVJGFGUKTGFNQEC
VKQPHTQOVJGNKUV
0CXKICVKQPl
8VLQJWKH1DYLJDWLRQ
+PHQTOCVKQP
/[2NCEGU
2 T G U U V J G '(67 M G [ âś 2 T G U U
0\3ODFHV
â˘
+HVJG21+QTTGIKQPPCOGKUVQQNQPICPF
ECPPQVDGFKURNC[GFYKVJKPQPGUETGGP
RTGUUKPI VJG ! DWVVQP YKNN OQXG VJG
+PVGTUGEVKQP5GCTEJ
2 T G U U V J G '(67 M G [ âś 2 T G U U
,QWHUVHFWLRQ6HDUFK
PCOGVQVJGNGHV
â˘
+VKURQUUKDNGVQUCXGWRVQ/[2NCEGU
RGT)TQWR
6JKUUGCTEJHGCVWTGKUWUGFVQUGCTEJFGU
6JKUUGCTEJHGCVWTGKUWUGFVQUGCTEJFGU
VKPCVKQPUD[UGNGEVKPIRTGXKQWUN[UCXGF/[
VKPCVKQPUD[UVTGGVKPVGTUGEVKQPUVJTQWIJQWV
2NCEGUVQUGVCUFGUVKPCVKQPU/[2NCEGU
VJGOCR
ECPDGRNCEGFKPITQWRUCPFITQWRPCOGU
'PVGT VJG PCOG QH VJG 5VTGGV %KV[ CPF
ECPDGGFKVGFYKVJKP5GVWR
5VCVGEQTTGURQPFKPIVQVJGFGUKTGFFGUVK
0COG
&GUETKRVKQP
$[&CVG
5QTV21+UCPFNQECVKQPUD[FCVG
$[0COG
5QTV 21+U CPF NQECVKQPU D[
PCOG
$[5[ODQN
5QTV21+UCPFNQECVKQPUD[U[O
DQN
PCVKQP1PEGUGCTEJKUEQORNGVGRTGUUVJG
6HDUFK DWVVQPVQUGNGEVVJGFGUKTGFNQEC
VKQPHTQOVJGNKUV
)CU5VCVKQP
4GUVCWTCPVU
2 T G U U V J G '(67 M G [ âś 2 T G U U
*DVVWDWLRQ
2 T G U U V J G '(67 M G [ âś 2 T G U U
5HVWDXUDQWV
'PVGT VJG PCOG QH VJG 5VTGGV %KV[ CPF
5VCVGEQTTGURQPFKPIVQVJGFGUKTGFFGUVK
PCVKQP1PEGUGCTEJKUEQORNGVGRTGUUVJG
6HDUFK DWVVQPVQUGNGEVVJGFGUKTGFNQEC
VKQPHTQOVJGNKUV
7UKPIVJG0CXKICVKQP
6JKUUGCTEJHGCVWTGKUWUGFVQUGCTEJFGU
VKPCVKQPUD[UVTGGVKPVGTUGEVKQPUVJTQWIJQWV
VJGOCR
'PVGT VJG PCOG QH VJG 5VTGGV %KV[ CPF
5VCVGEQTTGURQPFKPIVQVJGFGUKTGFFGUVK
PCVKQP1PEGUGCTEJKUEQORNGVGRTGUUVJG
6HDUFK DWVVQPVQUGNGEVVJGFGUKTGFNQEC
VKQPHTQOVJGNKUV
6JKUUGCTEJHGCVWTGKUWUGFVQUGCTEJFGU
VKPCVKQPUD[UVTGGVKPVGTUGEVKQPUVJTQWIJQWV
VJGOCR
0CXKICVKQPl
8VLQJWKH1DYLJDWLRQ
'OGTIGPE[
%QQTFKPCVGU
2JQPG0WODGT
2 T G U U V J G '(67 M G [ âś 2 T G U U
(PHUJHQF\
2 T G U U V J G '(67 M G [ âś 2 T G U U
&RRUGLQDWHV
2 T G U U V J G '(67 M G [ âś 2 T G U U
3KRQH1XPEHU
6JKUUGCTEJHGCVWTGKUWUGFVQUGCTEJHQT
6JKUUGCTEJHGCVWTGKUWUGFVQUGCTEJFGUVK
6JKUUGCTEJHGCVWTGKUWUGFVQUGCTEJVJG
RQNKEGUVCVKQPUJQURKVCNUCPFFGCNGTUJKRU
PCVKQPUD[GPVGTKPIEQQTFKPCVGU6YQEQQT
NQECVKQPUQH21+UD[GPVGTKPIVJGRJQPG
KPGOGTIGPE[UKVWCVKQPU
FKPCVGGPVT[HQTOCVUCTGUWRRQTVGF5GNGEV
PWODGTQHVJGFGUKTGF21+FGUVKPCVKQP
VJGFGUKTGFHQTOCVWRQPUVCTVKPIUGCTEJ
â˘
0COG
2QNKEG
5VCVKQP
&GUETKRVKQP
&KURNC[UNKUVQH2QNKEG5VCVKQPU
ENQUGUVVQVJGEWTTGPVRQUKVKQP
*QURKVCN
&KURNC[UNKUVQH*QURKVCNUENQU
GUVVQVJGEWTTGPVRQUKVKQP
&GCNGTUJKR
&KURNC[U NKUV QH -+# /QVQT
&GCNGTUJKRUENQUGUVVQVJGEWT
TGPVRQUKVKQP
#TGCEQFGUOWUVDGGPVGTGFVQEQORNGVG
VJGUGCTEJ
+PHQTOCVKQP
â˘
6JG RJQPG PWODGT CPF NQECVKQP OC[
FKHHGTHQTUQOG21+U+PCFFKVKQPVJGHQN
'ZKV'PVTCPEG
5GVVKPIC&GUVKPCVKQP
2 T G U U V J G '(67 M G [ âś 2 T G U U
([LW(QWUDQFH
2TGUUVJG '(67 MG[âś5GCTEJHQTVJG
&GUVKPCVKQPâś2TGUU 6HWDV'HVWLQDWLRQ
NQYKPI V[RGU QH HCEKNKVKGU OC[ DG OQTG
HTGSWGPVN[NQECVGFKPQVJGTNQECVKQPU
â˘
.QECVKQPU QH FGRCTVOGPV UVQTGU OWUG
7UKPIVJG0CXKICVKQP
WOUCPFCOWUGOGPVRCTMUOC[UQOG
YJCV FKHHGT HTQO VJG UGV FGUVKPCVKQP
%JGEMVJGGZCEVCFFTGUUYJGPVT[KPIVQ
TGCEJUWEJFGUVKPCVKQPU
â˘
â˘
9KVJKPIGPGTCNKPHQTOCVKQPPGYURCRGTU
VJGTGCTGECUGUYJGPRJQPGPWODGTUQH
6JKU UGCTEJ HGCVWTG KU WUGF VQ UGCTEJ
EQPEGTVJCNNUCEVWCNN[NKUVVJGPWODGTUQH
FGUVKPCVKQPU D[ GPVGTKPI VJG 'ZKVU CPF
OCPCIGOGPVEQORCPKGU+PUWEJECUGU
'PVTCPEGUQHEQTTGURQPFKPIGZRTGUUYC[U
FGUVKPCVKQPUGCTEJGUYKNNDGOCFGVQVJG
'PVGT VJG PCOG QH VJG (TGGYC[ EQTTG
OCPCIGOGPVEQORCPKGU
URQPFKPIVQVJGFGUKTGFFGUVKPCVKQP1PEG
6JG VGNGRJQPG PWODGT CPF CFFTGUUGU
UGCTEJ KU EQORNGVG RTGUU VJG 6HDUFK
OC[EJCPIGCVCP[VKOG
DWVVQPVQUGNGEVVJGFGUKTGFNQECVKQPHTQO
VJGNKUV
0CXKICVKQPl
8VLQJWKH1DYLJDWLRQ
â˘
VJGFGUKTGFUGCTEJOGVJQFUGNGEVVJG
â˘
+H[QWRTGUUVJG 6HWDV'HVWLQDWLRQ DWVVQP
FGUKTGF FGUVKPCVKQP HTQO VJG NKUV (QT
YJKNGCRTGXKQWUFGUVKPCVKQPJCUCNTGCF[
OQTGKPHQTOCVKQPQPFGUVKPCVKQPUGCTEJ
DGGPUGVVJGRQRWRĹ4GRNCEGFGUVKPC
OGVJQFU TGHGT VQ VJG Ĺ&GUVKPCVKQP
VKQP!ĹYKNNDGFKURNC[GF
⢠+H[QWRTGUU
Plays the desired preset frequency for the current band
(Radio) AM
Plays the most recent frequency for the corresponding band
Seek Up
Searches and plays the next frequency of the
current band
Seek Down
Searches and plays the previous frequency of
the current band
(Radio) FM
Plays the most recent frequency for the corresponding band In the case of FM.
The most recent frequency within the most recently played FM1 or FM2 band is played
Preset Up
Plays the next preset frequency of the current
band
FM1/FM2
Plays the most recent frequency for the corresponding band
Preset Down
Plays the previous preset frequency of the current band
AM <530~1710>
Plays the desired AM band frequency (e.g. AM
"Five-Hundred Thirty")
Auto Store
Searches all frequencies within the current
band and stores the 6 frequencies with the most
superior reception as preset buttons
FM <87.5~107.9>
Plays the desired FM band frequency (e.g. FM
"Eighty-Seven point Five")
Scan On
Scans receivable frequencies from the current
broadcast and plays for 10 seconds each
AM Preset <1~6>
Plays the desired AM band preset frequency
Scan Off
Ends the currently operating Scan or Preset
Scan feature
Preset Scan
Plays through all presets 10 seconds each, beginning with the current preset
FM1 Preset <1~6>
Plays the desired FM1 band preset frequency
FM2 Preset <1~6>
Plays the desired FM2 band preset frequency
SIRIUS Radio
Command
Operation
Command
Operation
Plays the last channel within the last band from
SIRIUS1, SIRIUS2, and SIRIUS3
Preset Up
Plays the next preset channel of the current
band
SIRIUS1/SIRIUS2/
SIRIUS3
Plays the most recent channel for the corresponding band
Preset Down
Plays the previous preset channel of the current
band
SIRIUS Channel
<1~223>
Plays the desired SIRIUS band channel (e.g.
SIRIUS channel "Eleven")
Scan On
Scans receivable channels from the current
broadcast and plays for 10 seconds each
SIRIUS1 Preset <1~6>
Plays the desired preset channel for SIRIUS1
band
Scan Off
Ends the currently operating Scan or Preset
Scan feature
SIRIUS2 Preset <1~6>
Plays the desired preset channel for SIRIUS2
band
Preset Scan
Plays through all presets for 10 seconds each,
beginning with the current preset
SIRIUS3 Preset <1~6>
Plays the desired preset channel for SIRIUS3
band
Channel <1~223>
Plays the desired channel of the current band
Preset <1~6>
Plays the desired preset channel of the current
band
Channel Up
Plays the next channel of the current band
Channel Down
Plays the previous channel of the current band
Voice Command Lists
SIRIUS
Voice Recognition l 5-9
9RLFH&RPPDQG/LVWV
CD(Audio Type)
Command
CD
Operation
If the DISC inserted in the CD Player is either a
CD or MP3 DISC, then the CD or MP3 will be
played
Command
Operation
CD
If the DISC inserted in the CD Player is either a CD
or MP3 DISC, then the CD or MP3 will be played
Play
Plays the currently paused song
Pause
Pauses the current song
Next File
Plays the next track
Previous File
Plays the previous track
Next Folder
Plays the ďŹrst ďŹle in the next folder
Previous Folder
Plays the ďŹrst ďŹle in the previous folder
Repeat On
Repeats the current ďŹle
Repeat Off
Cancels repeat play to play ďŹles in sequential order
Repeat Folder
Repeats all ďŹles in the current folder
ShufďŹe On
Plays all ďŹles within the CD in random order
CD Track <1~99>
If the DISC inserted in the CD Player is a CD,
then CD Mode will start and plays the desired
track
Play
Plays the currently paused song
Pause
Pauses the current song
Next Track
Plays the next track
Previous Track
Plays the previous track
Repeat On
Repeats the current track
Repeat Off
Cancels repeat play to play tracks in sequential
order
ShufďŹe On
Randomly plays the tracks within the CD
ShufďŹe Off
Cancels random play to play ďŹles in sequential order
ShufďŹe Off
Cancels random Play to play tracks in sequential order
ShufďŹe Folder
Randomly plays the ďŹles within the current folder
Scan On
Plays each file in the folder for 10 seconds beginning with the current ďŹle
Scan Off
Ends the currently operating Scan or Folder
Scan feature
Folder Scan
Plays each ďŹle in the folder for 10 seconds beginning with the current ďŹle
Scan On
5-10
CD(MP3 Type)
Plays each file for 10 seconds beginning with
the current ďŹle
Scan Off
Ends the currently operating Scan feature
Track <1~99>
Plays the desired track number
USB Music
Command
USB Image
Operation
Command
Operation
If the USB has been connected to the device,
play the MP3 or image ďŹles within the USB
USB
If the USB has been connected to the device,
play the MP3 or image ďŹles within the USB
USB Music
If the USB has been connected to the device,
plays the MP3 ďŹles within the USB
USB Image
If the USB has been connected to the device,
displays the image ďŹles within the USB
Play
Plays the currently paused song
Next File
Displays the next image ďŹle
Pause
Pauses the current song
Previous File
Displays the previous image ďŹle
Next File
Plays the next track
Next Folder
Displays the ďŹrst image ďŹle within the next folder
Previous File
Plays the previous track
Next Folder
Plays the ďŹrst ďŹle in the next folder
Previous Folder
Displays the ďŹrst image ďŹle within the previous
folder
Previous Folder
Plays the ďŹrst ďŹle in the previous folder
Repeat On
Repeats the current ďŹle
Repeat Off
Cancels repeat play to play ďŹles in sequential order
Repeat Folder
Repeats all ďŹles in the current folder
ShufďŹe On
Plays all ďŹles within the USB in random order
ShufďŹe Off
Cancels random play to play ďŹles in sequential order
ShufďŹe Folder
Randomly plays the ďŹles within the current folder
Scan On
Plays each ďŹle in the folder for 10 seconds beginning with the current ďŹle
Scan Off
Ends the currently operating Scan or Folder Scan feature
Folder Scan
Plays each ďŹle in the folder for 10 seconds beginning with the current ďŹle
Voice Command Lists
USB
Voice Recognition l 5-11
9RLFH&RPPDQG/LVWV
iPod
My Music
Command
Command
Operation
iPod
Plays the songs within the iPod if the iPod has
been connected to the device
My Music
Plays the songs within the My Music
Play
Plays the currently paused song
Play
Plays the currently paused song
Pause
Pauses the current song
Pause
Pauses the current song
Next File
Plays the next ďŹle
Next Song
Plays the next song
Previous File
Plays the previous ďŹle
Previous Song
Plays the previous song
Repeat On
Repeats the current ďŹle
Repeat On
Repeats the current ďŹle
Repeat Off
Repeat Off
Cancels repeat play to play files in sequential
order
Cancels repeat play to play files in sequential
order
ShufďŹe On
Plays all ďŹles within the current category in random order
ShufďŹe Off
Cancels random play to play ďŹles in sequential
order
Scan On
Plays each ďŹle in the folder for 10 seconds beginning with the current ďŹle
Scan Off
Ends the currently operating Scan or Folder
Scan feature
ShufďŹe On
ShufďŹe Off
5-12
Operation
Plays all ďŹles within the current category in random order
Cancels random play to play ďŹles in sequential
order
3KRQH&RPPDQG/LVW
Others
Command
Operation
Command
Operation
Turns on the Audio
Call Name
Makes the call to the name
Audio Off
Turns off the Audio
Call
Call saved in Contacts (e.g. Call "John")
Dial Number
Makes the call to the number
Dial
Call can be made by dialing the spoken numbers
(e.g. Dial "123")
Contacts
Displays list of saved contacts
Say the name to connect the call to the corresponding contact
Recent Calls
The user can select a number from the outgoing, incoming, and missed calls
Redial
Connects the most recently called number
ÂŽ
Bluetooth Audio
Plays Bluetooth Audio
Auxiliary
Plays the connected auxiliary device
892H6HUYLFHV&RPPDQG/LVW 2SWLRQDO
Command
Operation
UVO eServices
Display the UVO eServices releated command list
Roadside Assist
Connect with a Roadside Assist agent.
eService Guide
Provides guidance onhow to use UVO eServices
Vehicle Diagnostics
Informs you if a diagnostic issue is found in your
vehicle
My POIs
Show Points of Interest list which downloaded
from Google Maps and MyUVO
Voice Recognition l 5-13
Voice Command Lists
Audio On
9RLFH&RPPDQG/LVWV
1DYLJDWLRQ&RPPDQG/LVW
Destination
Command
Operation
Find Address
Sets the destination through address search for
route guidance
Previous Destinations
Sets the previous destination as the current
destination
Find Nearest POI
Sets a POI near the current position as the
destination for route guidance through the POI
category search
Find the Nearest
Sets a POI near the current position as the destination by directly inputting the POI name for route
guidance (e.g. Find the Nearest "Restaurants")
For more information on , refer to
Page 3-30.
D estination POI by Sets the destination by searching the phone
Phone Number
number of the facility
5-14
Find Emergency
Police station
Searches for a police station near the current
position and sets it as the destination for route
guidance
Find Emergency
Hospital
Searches for a hospital near the current position
and sets it as the destination for route guidance
Command
Operation
Find Emergency
Dealership
Searches for a dealership near the current position and sets it as the destination for route guidance
My Places
Sets one of the list of previously registered addresses in the My Places as the destination
Go Home
Sets the previously registered home address as
the destination for route guidance
Go to OfďŹce
Sets the previously registered ofďŹce address as
the destination for route guidance
Favorite Place
<1 ~ 4>
Sets a previously registered favorite place as
the destination for route guidance
Map
Command
Operation
Map Current Location Displays the current position of the vehicle
Command
Operation
Turns the Voice Guidance On
Voice Guidance Off
Turns the Voice Guidance Off
Zoom In/Zoom Out
Decreases/Increases the map zoom by one level
Zoom
Displays the map in the corresponding zoom
: 150, 300, 700 feet/0.25, 0.5 miles/1
mile/2, 4, 8, 16, 32, 64, 130, 250 miles
50, 100, 200, 400, 800 meters/1.6, 3.2, 6.4, 12,
25, 50, 100, 200, 400 kilometers
Zoom Maximum
Displays the map screen in the maximum zoom level
Detour <1, 2, 5, 10> Searches detour routes within a <1, 2, 5, 10>
mile(s)
mile(s) radius
Zoom Minimum
Displays the map screen in the minimum zoom level
Detour <1, 2, 5, 10> Searches detour routes within a <1, 2, 5, 10>
kilometer(s)
kilometer(s) radius
View Route
If the destination has been set, displays the entire route on the screen until the destination
Voice Guidance Louder Increases the Voice Guidance volume by 1 level
Voice Guidance Softer Decreases the Voice Guidance volume by 1 level
Repeat Voice Guidance Repeats the route guidance
Cancel Route
Deletes the designated destination and terminates the route guidance
Recalculates the route with shorter distance
route
Auto Zoom On
Turns the Auto Zoom feature on
Distance to Destina- Reports the remaining distance until destination
tion
by voice
Auto Zoom Off
Turns the Auto Zoom feature off
Time to Destination
Auto Mode
Automatically converts the map display between
daylight and night mode
Daylight Mode
Converts the map display into daylight mode
Night Mode
Converts the map display into night mode
North Up
Displays the map in North Up mode
Heading Up
Displays the map in Heading Up mode
Reports the remaining time until destination by voice
Store Marked Location to Registers the selected location into the selected
(ex : Store Marked Address book
Location to "User 1")
Replan Faster Time
Route
Recalculates the route with faster time route
Voice Recognition l 5-15
Voice Command Lists
Voice Guidance On
Replan Shorter
Distance Route
9RLFH&RPPDQG/LVWV
32,&DWHJRU\/LVW
Restaurants
African Restaurants
American Restaurants
Asian Restaurants
Chinese Restaurants
Coffee Shop
Continental Restaurants
Fast Food
French Restaurants
Italian Restaurants
Japanese Restaurants
Korean Restaurants
Latin American Restaurants
Mexican Restaurants
Seafood Restaurants
Vegetarian Restaurants
Other Restaurants
Automotive
Auto Parts
Auto Service
Automobile Dealership
Car Wash
Gas Station
KIA Dealership
Motorcycle Dealership
Parking
5-16
Rest Area
Road Assistance
Travel
Airport
Bus Station
Campground
City Center
Ferry Terminal
Hotel
Local Transit
Rental Car Agency
Tourist Attraction
Tourist Information
Train Station
Travel Agent
Shopping
Bookstore
Clothing Shop
Convenience Store
Department Store
Electronics Store
Gift Shop
Grocery Store
Home Specialty Store
Music Store
Pharmacy
Shoe Store
Shopping Center
Sporting Goods Store
Recreation
Amusement Park
Cinema
Golf Course
Museum
Recreation Area
Ski Resort
Sports Activities
Sports Complex
Video & Game Rental
Winery
Other Recreation
Financial Services
ATM
Bank
Business Facility
Check Cashing Service
Money Transfer
Community
City Hall
Civic Center
Convention Center
Court House
Fire Department
Government OfďŹces
Library
Police Station
Post OfďŹce
School
Utilities
Waste & Sanitary
Services
Attorney
Cleaning & Laundry
Communication Services
Dentist
Funeral Home
Hair & Beauty
Hospital
Medical Service
Mover Services
Photography
Physician
Social Service
Tailor & Alteration
Tax Service
,QIRUPDWLRQ
â˘
781G5GTXKEGU 1RVKQPCN
â˘
)25+PHQTOCVKQP
â˘
*GNR
&$5$916<67(0
892H6HUYLFHV 2SWLRQDO
6JG%TCUJ0QVKĹżECVKQP#UUKUVHGCVWTGOC[PQVQRGTCVGKPVJGHQNNQYKPIUKVWCVKQPU
9JGPVJGXGJKENGKIPKVKQPKUPQVVWTPGFQP
9JGPVJGU[UVGORQYGTUWRRN[KUWPUVCDNG
9JGPVJGRJQPG$NWGVQQVJsHGCVWTGKUUGVVQQHH
9JGPVJGCVVGORVGFECNNKUDNQEMGFFWGVQWUGTQRGTCVKQPU
9JGPVJGRJQPG$NWGVQQVJsECPPQVDGEQPPGEVGFQTDGEQOGU
FKUEQPPGEVGF
9JGPVJGTGCTGPQRJQPGURCKTGFYKVJVJGXGJKENG
9JGPVJGECNNKUWPUVCDNGFWGVQRJQPGQTQVJGTEQOOWPK
ECVKQPPGVYQTMKUUWGU
9JGPVJGECNNHGCVWTGKUPQVQRGTCVKPIFWGVQRJQPGUGVVKPIUUGV
D[VJGWUGT
9JGPECNNUCTGWPCXCKNCDNGD[DGKPIYKVJKPQWVQHUGTXKEG\QPGU
9JGPVJGRJQPGECPPQVDGEQPVTQNNGFXKC$NWGVQQVJsFWGVQ
9JGPVJGRQYGTVWTPUQHHFWGVQRJQPGRQYGT DCVVGT[ KUUWGU
9JGPC$NWGVQQVJsFGXKEGYKVJQWVRJQPGHGCVWTGUWRRQTVJCU
DGGPEQPPGEVGFUWEJCUCP/2FGXKEG
9JGPVJGU[UVGOKUDQQVKPI
RJQPGUVCVGUCPFEJCTCEVGTKUVKEU
8VLQJ892H6HUYLFHVDQG&DXWLRQV
&QYPNQCFVJG781G5GTXKEGU#RRCPFKPUVCNNKVQP[QWTUOCTV
781G5GTXKEGUKUHWNN[EQORCVKDNGYKVJKPUQOGUOCTVRJQPGUDWV
RJQPG6JGCRRECPDGFQYPNQCFGFHTQOVJG#RRNG#RR5VQTG
OC[PQVQRGTCVGRTQRGTN[YKVJKPKPEQORCVKDNGUOCTVRJQPGU
QT)QQING2NC[FGRGPFKPIQPVJGMKPFQHUOCTVRJQPG[QWJCXG
6QXKGYVJGNKUVQHEQORCVKDNGUOCTVRJQPGURNGCUGXKUKV/[781EQO
2CKTCPFEQPPGEV[QWTUOCTVRJQPGYKVJVJGXGJKENG(QTKPHQTOC
%QOOWPKECVKQPDGVYGGPVJGXGJKENGCPFUOCTVRJQPGCRROC[
VKQPQPEQPPGEVKPI[QWT$NWGVQQVJFGXKEGTGHGTVQVJGUOCTV
VGORQTCTKN[DTGCMFGRGPFKPIQPVJGRJQPGUVCVG
RJQPGWUGT UOCPWCNCPFKPUVTWEVKQPUQPVJG2JQPG*GNRUETGGP
QP[QWTTCFKQ7RVQ$NWGVQQVJFGXKEGUECPDGRCKTGFYKVJVJG
+HVJGHGCVWTGKUPQVQRGTCVKPIRTQRGTN[[QWOC[PGGFVQTGUGV
XGJKENG
VJG781G5GTXKEGU#RRQTVJGUOCTVRJQPGVQVT[CICKPCEEQTF
KPIVQVJGHQNNQYKPIUVGRU
.QIKPCPFCEVKXCVGVJG781G5GTXKEGU#RRQP[QWTUOCTVRJQPG
4GUGVUOCTVRJQPGCRR
4GEQPPGEV$6
4GUGVUOCTVRJQPG
&GNGVG$6CPFRCKTCICKP
4GIKUVGTGF2JQPG;QWECPUGVCPQVJGTRCKTGFRJQPGCUVJG
4GIKUVGTGF2JQPG5QOG781G5GTXKEGUHGCVWTGUYKNNQPN[DG
5QOGUGTXKEGUWUGVJGEWUVQOGTĹUOQDKNGRJQPGFCVCRNCPHQT
CXCKNCDNGYJGPVJG4GIKUVGTGF2JQPGKUEQPPGEVGFYKVJVJG
FCVCEQOOWPKECVKQP
XGJKENGXKC$NWGVQQVJCPFVJG781G5GTXKEGU#RRKUTWPPKPI
7UGQHVJGOQUVWRVQFCVGCRRXGTUKQPKUTGEQOOGPFGF
(QTUOCTVRJQPGTGNCVGFKPSWKTKGURNGCUGXKUKV/[781EQO
+PHQTOCVKQPl
781G5GTXKEGU
6 JG HKTUV CEVKXCVGF FGXKEG RCKTGF YKVJ VJG XGJKENG KU VJG
6T[CICKP
892H6HUYLFHV 2SWLRQDO
$ERXW892H6HUYLFHV
781G5GTXKEGURTQXKFGUVJGHQNNQYKPIHGCVWTGUVJTQWIJ$NWGVQQVJ
6QWUG781G5GTXKEGUVJGHQNNQYKPIEQPFKVKQPUOWUVDGOGV
EQOOWPKECVKQPDGVYGGPVJGXGJKENGCPF[QWT5OCTVRJQPG
6JG781G5GTXKEGUUOCTVRJQPGCRROWUVDGKPUVCNNGFCPF[QW
0COG
8GJKENG
&KCIPQUVKEU
/[21+U
2CTMKPI
/KPFGT
4QCFUKFG
#UUKUV
G5GTXKEGU
)WKFG
&GUETKRVKQP
+PHQTOU[QWKHCFKCIPQUVKEKUUWGKUHQWPFKP[QWTXGJKENG
+HCPKUUWGKUHQWPF[QWECPIGVTGCEJCECNNEGPVGTEQPUWNVCPV
VJTQWIJ4QCFUKFG#UUKUVQTTGUGTXGCPCRRQKPVOGPVVJTQWIJ
5EJGFWNG5GTXKEG
&QYPNQCFU2QKPVUQH+PVGTGUVVQ[QWTPCXKICVKQPU[UVGO
HTQO)QQING/CRUCPF/[781
5CXGVJGNQECVKQPQH[QWTRCTMGFXGJKENGQP[QWT781
G5GTXKEGUUOCTVRJQPGCRR
;QWECPEJGEMYJGTG[QWTXGJKENGKURCTMGFVJTQWIJVJG
781G5GTXKEGU#RRQP[QWTUOCTVRJQPG
+HCFKCIPQUVKEKUUWGGZKUVU[QWECPEQPPGEVYKVJC4QCF
UKFG#UUKUVCIGPV
4GEGKXGIWKFCPEGQPJQYVQWUG781G5GTXKEGU
+HCKTDCIUCTGFGRNQ[GFFWGVQCEQNNKUKQP[QWTXGJKENGCW
VQOCVKECNN[RNCEGUCECNNVQCPFUGPFU[QWTXGJKENGĹU
ECVKQP#UUKUV
NQECVKQPKPHQTOCVKQPVQVJG1RGTCVQT
%TCUJ0QVKHK
OWUVNQIKPWUKPI[QWT/[781CEEQWPVETGFGPVKCNU
6JGUOCTVRJQPGOWUVDGEQPPGEVGFXKC$NWGVQQVJCPFTGIKUVGTGF
YKVJ[QWTXGJKENGĹU781G5GTXKEGUU[UVGO
1PEGVJKUKUEQORNGVGG5GTXKEGUOWUVDGCEVKXCVGF HTQOVJG
G5GTXKEGU5GVVKPIUUETGGP
%HIRUHXVLQJ892
H6HUYLFHV
+PUVCNNKPIVJG781G5GTXKEGUCRRQP[QWT
UOCTVRJQPG
&RQQHFWLQJ%OXHWRRWK
2TGUU
Source Exif Data:
File Type : PDF
File Type Extension : pdf
MIME Type : application/pdf
PDF Version : 1.6
Linearized : No
Author :
Create Date : 2013:07:10 21:04:29+09:00
Modify Date : 2013:07:10 21:08:18+09:00
Subject :
Has XFA : No
XMP Toolkit : Adobe XMP Core 5.4-c005 78.147326, 2012/08/23-13:03:03
Producer : Acrobat Distiller 11.0 (Windows)
Keywords :
Creator Tool : PDFCreator Version 1.2.0
Metadata Date : 2013:07:10 21:08:18+09:00
Document ID : 09ea4a82-dc69-11e2-0000-67fdc7f214a8
Instance ID : uuid:bb3ae89d-0473-45c7-8874-5013286cb5e0
Format : application/pdf
Title : SL 14MY
Creator :
Description :
Description (x-repair) :
Page Count : 223
EXIF Metadata provided by EXIF.tools